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33854588
33854587

126 Holly Circle, Harmony, PA 16037

JS
CA 01507135, ID DB40618 (+8)
JDS Real Estate Services, Inc.
Listed by JDS Real Estate Services, Inc.
$600,000
2 days on market
Updated 1 day ago

Perry Lake Estates

Details
Property Type Multifamily, Mobile Home Park
Cap Rate 11.00%
NOI $65,000
Acreage 1.000

11% Cap in Butler County, PA

Marketing description

Perry Lake Estates is a 22-site, all-tenant-owned home community located at 127 Holly Circle, Harmony, Pennsylvania, in Butler County. The property is approximately 30 miles north of Pittsburgh, offering investors a small, stable community with proximity to the greater Pittsburgh metro.

The property is currently 18 occupied, with 4 vacant sites that already have hookups in place, providing a clear opportunity for a new owner to increase income through infill.

Current lot rent is $450/month, with tenants also paying a $25/month sewer fee. Water is billed back to residents, helping offset utility expenses. The community is serviced by private utilities, including well water and a wastewater treatment plant.

Offered at $600,000, Perry Lake Estates offers attractive in-place cash flow, an approximate 11% cap rate based on $65k NOI, and upside through lease-up of the remaining vacant sites.

Investment Highlights

  • 22 total sites
  • Butler County location, approximately 30 miles north of Pittsburgh
  • 18 occupied | 4 vacant sites
  • All tenant-owned homes
  • $450/month lot rent
  • $25/month sewer fee
  • Water billed back to tenants
  • Private utilities: well water and WWTP
  • NOI of $65,000
  • Offered at $600,000 / 11% cap rate

Seller will not consider seller-financed offers.

Please submit offers to [email protected]

Investment highlights

Perry Lake Estates is a 22-site, all-tenant-owned home community located in Harmony, PA, approximately 30 miles north of Pittsburgh. The property offers attractive in-place cash flow at an approximate 11% cap rate, with additional upside through the lease-up of 4 vacant sites that already have hookups in place. With all homes tenant-owned, water billed back to tenants, and lot rent at $450/month, Perry Lake Estates presents a high-yield, lower-maintenance MHP opportunity in Butler County.

Listing Contacts

JS
CA 01507135, ID DB40618 (+8)
JDS Real Estate Services, Inc.
Listed by JDS Real Estate Services, Inc.

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$65,000.00
$5,416.67/mo

Valuation Metrics

0
DSCR
10.83%
Cap Rate
10.83%
ROI

Map

Zoning

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MU MixedMixed UseMixed Use
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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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