Small park available in south central PA!
- Lots 8/9 - all TOH
- Lot rent: $175 - market rent $400
- Asking: $190,000 (including assignment fee)
- Seller financing W/ $50k down
- city utilities individually metered
Cap rate: 6.19%
- rent raise to $260 will bring cap to 9.2%
(Park around the corner is filled at $400 lot rent)
This won’t be a high cash-flowing park, but can be a great one to add to your portfolio
And can be great for someone who lives nearby, has a park in the area or is looking to get their first park underway
Email me George.ppret@gmail.com if interested - Will provide further details