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33230197
33230198

437 WICKER AVE, BENSALEM, PA 19020-7209

BM
Various
KW Commercial - NMHC Group
Listed by KW Commercial - NMHC Group
$1,600,000
6 days on market
Updated 6 days ago

437 WICKER AVE BENSALEM PA 19020-7209

Details
APN 02-065-013
Property Type Mobile Home Park
Units 16
Stories 1
Lot Size (SqFt) 38,925

About This Property

Marketing description

The NMHC Group of KW Commercial is pleased to present Del-Aire Mobile Garden Estate located in Bensalem, Pennsylvania. The community consists of 16 total sites, including 12 tenant-owned homes and 4 park-owned homes, offering a balanced mix of reliable lot rent income and additional revenue generated through community-owned units. The community is currently operating at full occupancy with no vacancy, highlighting the strong demand for affordable housing within the market. Del-Aire presents the opportunity to acquire a stabilized manufactured housing community in a highly desirable market.

Del-Aire benefits from individually metered municipal water and sewer service, with these expenses billed back directly to the tenants, minimizing operational overhead for ownership. Current average lot rent of approximately $749 per month provides investors with an attractive in-place revenue stream while also presenting the opportunity for future rental growth through continued operational management.

Situated within Bucks County, Bensalem is a well-established suburban market located approximately 20 miles northeast of Philadelphia with convenient access to I-95, Route 1, and the PA Turnpike. The area benefits from a diverse employment base, strong retail presence, and proximity to major regional employers throughout the greater Philadelphia metropolitan area. Residents enjoy easy access to shopping, dining, healthcare, and recreational amenities, contributing to the continued demand for affordable housing options within the market.

As always, this is a confidential sale. Please do not go to the community without setting up a showing appointment with the listing agents. If on site, do not under any circumstances speak with any tenants or employees. Please contact us for additional information.

Listing Contacts

BM
Various
KW Commercial - NMHC Group
Listed by KW Commercial - NMHC Group

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