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Listed by Trish Gesswein • Houwzer, LLC
$ 850,000
Est. payment | /mo
4.16 Acres Lot
$ 850,000
Est. payment | /mo
4.16 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PASK2025714
HOA Y/N N
Annual Tax Amount $2,177
Tax Year 2025
Lot Size 4.160 Acres
Acres 4.16
Property Sub-Type Land
Source BRIGHT
Property Description
Five year projected ROI of 725k (85%) for investors with loans and almost 915k (107%) for those buying outright. Lots are well below market and water/sewer are not yet billed back. This 15 lot mobile home park, situated on 4.16 acres has recently been infilled with two brand new homes (3 bed, 2 full bath). The remaining 13 homes are not park-owned, ensuring steady returns with minimal expenses. A comprehensive list of reliable vendors who service the park will be provided to ensure seamless management transition day one. Recent infrastructure and property repairs in the amount of 55k have been completed in preparation for the sale. There are recently installed UV water filters on all three wells. There are brand new pressure tanks, new risers and lids on two wells. Septic systems were recently pumped and inspected and everything is working properly. Foundations have been poured and infrastructure relocated to accommodate the infill of two new homes. A number of trees have been felled that were within reach of structures and that posed a potential risk. Don't miss the opportunity to own this lucrative property with a substantial ROI. Grow your wealth by taking advantage of the overwhelming demand for afordable housing. More information including P&L, rentroll, pro forma, etc is available.
Location
State PA
County Schuylkill
Area Pine Grove Twp (13321)
Zoning MHP
Exterior
Water Access N
Garage N
Building
Sewer On Site Septic
Water Well
Schools
School District Pine Grove Area
Others
Tax ID 21-04-0005.002
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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