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Key Details
Sold Price $2,575,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 840 sqft
Price per Sqft $3,065
MLS Listing ID PADA133734
Sold Date 10/01/21
Style Other
HOA Y/N N
Abv Grd Liv Area 840
Originating Board BRIGHT
Year Built 1979
Annual Tax Amount $169
Tax Year 2020
Lot Size 33.000 Acres
Acres 33.0
Property Description
Location! Location! Location! DeAnn Mobile Home Park 48(57)pads on +/-33 acres (including +/-15 acres adjacent wooded lot with a gorgeous creek) This turn key investment opportunity with extra wooded land parcel has Phenomenal Expansion Possibility! Current NOI: $170,222 Current Cap Rate: 6.5+%! DCR: 1.2 Cash-on-Cash: 4.6% Plenty of excess land with Private Sewer Plant currently only using 3/5th of its capacity plus newer Private Water system with 4 log DEP approved with similar capacities, Huge Upside potential, Rents are $75+ below market! Newer on demand 24 hour electrical generator keeps water circulated if any power outage Newer metal insulated roofs on water storage & mailboxes buildings. All roads are in great shape East Hanover Township, Dauphin Co, Grantville PA(near Hershey, PA) Located in Grantville, PA just minutes away from I-81 commercial corridor and US Rt39 with 11 minutes to Hershey, PA and 17 minutes to historic downtown of City of Harrisburg, PA capturing all Government and Central PA employment opportunities and attractions. Purchase Price:
Location
State PA
County Dauphin
Area East Hanover Twp (14025)
Zoning MULTI-FAMILY
Interior
Hot Water Electric
Heating Other
Cooling Other
Fireplace N
Heat Source Other
Exterior
Utilities Available Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Waterfront N
Water Access N
View Creek/Stream
Accessibility None
Garage N
Building
Lot Description Additional Lot(s), Backs - Open Common Area, Backs to Trees, Partly Wooded, Stream/Creek, Trees/Wooded
Sewer Other
Water Private/Community Water
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Lower Dauphin
School District Lower Dauphin
Others
Tax ID 25-009-055-045-0083
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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