Property description updated with
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Previous Description:
Acorns Mobile Home Park located in a park like setting in the Boyertown Area is an ideal investment opportunity being offered for sale on the open market for the very first time. The community has an on-site manager in place and can be run and managed remotely. There are 22 lots, situated on 5.39 acres, lot rent is $470 per month. Lot rent covers residents water, sewer and trash service. The trash is provided by the Twp and paid for through the real estate taxes. All homes are resident owned, there are no park owned homes. All lots have been 100% occupied for years. Owner would be willing to hold financing for a qualified buyer. The terms would be $400,000 down payment. 6% interest rate. 25 year amortization. No prepayment penalties. 5-7 year balloon. The community is a nice and quiet place to live. Terrific long term residents make running the community a pleasure. On site manager takes daily water reading and reports to lab, mows common area, collects and deposits rent, maintains general cleanliness of park, handles residents calls and wants to stay and retain this position for a new owner. This is a rare opportunity to own a wonderful Mobile Home Park in a great location and ideal setting.
Updated Description:
Acorns Mobile Home Park located in a park like setting in the Boyertown Area is an ideal investment opportunity being offered for sale on the open market for the very first time. The community has an on-site manager in place and can be run and managed remotely. There are 22 lots, situated on 5.39 acres, lot rent is $470 per month. Lot rent covers residents water, sewer and trash service. The trash is provided by the Twp and paid for through the real estate taxes. All homes are resident owned, there are no park owned homes. All lots have been 100% occupied for years. Owner would be willing to hold financing for a qualified buyer. The terms would be $400,000 down payment. 6% interest rate. 25 year amortization. No prepayment penalties. 5-7 year balloon. The community is a nice and quiet place to live. Terrific long term residents make running the community a pleasure. On site manager takes daily water reading and reports to lab, mows common area, collects and deposits rent, maintains general cleanliness of park, handles residents calls and wants to stay and retain this position for a new owner. This is a rare opportunity to own a wonderful Mobile Home Park in a great location and ideal setting.
