1320 W MAIN ST Under Contract

Grove City,PA 16127

$ 1395000

- Bed

- Bath

135907 SqFt


Key Details

Property Type Mobile Home, Commercial

Sub Type Mobile Home/Campgrounds

Listing Status Under Contract

Purchase Type For Sale

Square Footage 135,907 sqft

Price per Sqft $10

Subdivision None Available

MLS Listing ID PAME2000050

Year Built 1959

Annual Tax Amount $3,984

Tax Year 2023

Lot Size 3.120 Acres

Property Description

Welcome to Parkview Mobile Home Park!

38 LOTS / 36 LOTS OCCUPIED / NO PARK OWNED HOMES / PUBLIC WATER / PUBLIC SEWER / HALF MILE FROM WALMART / $315 LOT RENT PLUS WATER, SEWER, & TRASH / METRON SMART WATER METERS INSTALLED AT EVERY HOME / BRAND NEW BLACKTOPPED ROADS IN 2022. RENT INCREASE OF $25 WILL GO INTO EFFECT 9/1/24 TO INCREASE THE TOTAL LOT RENT TO $340.
Sewer inspection completed and all repairs will be complete prior to closing as required by Grove City Borough. Sewer inspections are required for every property whose sewer ultimately ends up in Grove City?s sewer plant. All mains and laterals were camera inspected by a NASSCO Certified plumber. Electrical inspection report completed and available upon request.

3 brand new homes brought into the park over the last few years. Current owner has a property manager that lives a few miles away to oversee the property. Increase lot rent and fill 2 vacant lots for value add. Financials, Survey, and clean environmental phase 1 report are available for review. Call for more information! 8.5% Cap Rate assuming a 5% management fee. *Virtual aerial tour of the property is available to review* *Seller agent is related to Seller*

Location

State PA

County Mercer

Zoning ZONED R-1, SINGLE FAMILY

Interior

Hot Water Other

Heating Other

Cooling Window Unit(s),Central A/C

Exterior

Garage Spaces 152.0

Waterfront N

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Mercer Area

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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