Rocky Ridge Village MHP | Franklin, PA

156 Maple Grove Circle, Franklin, PA 16323, USA

Sands Investment Group is Pleased to Exclusively Offer For Sale the Rocky Ridge Village MHP Asset Located at 156 Maple Grove Cir in Franklin, PA. This Deal Includes 42 Total Lots With 39 Mobile Homes – 21 Park Owned / RTO, 17 Tenant Owned, 4 Vacant Lots; @ Market Levels Rent Cap Rate Would Be Around 14%, Providing For a Secured Investment.

  • 42 Total Lots With 39 Mobile Homes – 21 Park Owned / RTO, 17 Tenant Owned, 4 Vacant Lots; @ Market Levels Rent Cap Rate Would Be Around 14%
  • Private Well/Septic; Underground Utilities Individually Metered Electric (Direct Billed), Water/Garbage/Sewage Included in Rent; Township Maintains Roads and Provides Snow Removal
  • 30’x 42′ Maintenance Building Containing Water Treatment Plant
  • Additional 16 AC Parcel With a 24’x 48′ Pole Barn and Sewage Treatment Plant
  • Sewer & Water Provided By the Park For 14 Homes (Outside of Park) Providing Additional Revenue of $1,400/MO
  • Eight 1/4-1/2 AC Residential Parcels Included in Sale Totaling 32.81 AC

In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. #RB069072 BoR: Tom Gorman – Lic. PA #RM424383

Price

$1,750,000

Cap Rate

7.69%

PREMISES

32.8 Acres

BROKERS

Meagan Brady
Fort Lauderdale
William Capone
Fort Lauderdale
Kristen Deninno
Fort Lauderdale
Steve Kruszenski
Fort Lauderdale
Tom Gorman
Philadelphia

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