Listed by Lefemine Commercial Properties
$395,000
896 Meadow View Road
Details
Property Type Mobile Home Park
Units 6
NOI $26,400
Acreage 2.850
Zoning R3
About This Property
Marketing description
Mobile Home Park that is Zoned R-3 ideally for a redevelopment
Investment highlights
Excellent Investment Opportunity to own a Mobile Home Park. What a great location only minutes to Bristol Regional hospital, The Pinnacle Shopping Center, Hard Rock Casino & Interstate 81. This sale is for the land only the tenants own the mobile homes. There is a total of 18 pad ready sites, 3 septic systems. Currently 12 sites are leases. The annual income is $26,400. The property is Zoned R-3. This coulee be a redevelopment site for apartments, senior assisted living faculty, or professional office space.
Listing Contacts
Listed by Lefemine Commercial Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$26,400.00
$2,200.00/mo
Valuation Metrics
0
DSCR
6.68%
Cap Rate
6.68%
ROI
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