Property Details
Property Type
Modular Park- Value Add
Location
Deal type
Cambria
Northern Cambria, PA – Mobile Home Park Investment Opportunity
Location: Northern Cambria, PA – Only mobile home park in town, grandfathered in by zoning.
Asking Price: $175,000
Incredible Seller Financing Opportunity!
$50,000 Down
6% Interest
36-Month Balloon
This is a rare chance to acquire a cash-flowing asset with low upfront capital, allowing investors to maximize returns while preserving liquidity.
Investment Highlights:
Projected Cap Rate: 19.27% - 23.10%
Projected Cash-on-Cash Return: 37.25% (loan purchase)
Projected Net Operating Income: $23,281 - $63,516
Current Rent Potential: $300 for single-wide, $350 for double-wide
Low Annual Taxes: Approximately $800
Property Details:
3.5 acres, ¼ mile off Hwy 219, in a rural yet accessible area.
15 existing lots with full utility hookups, space for 7 more (22 total lots possible).
6 occupied lots (mostly verbal month-to-month agreements).
1 park-owned double-wide included in sale, currently rented at $650/month.
Utilities (water, sewer, electric) installed for 15 lots, additional infrastructure in place for future expansion.
3rd party handles landscaping & snow removal.
Strong Expansion & Value-Add Potential
With existing utilities and zoning approval, this park offers a turnkey investment with significant upside. Comparable mobile home parks in the region support higher lot rents, providing immediate revenue growth potential.
Property Photos: Click Here
Rental Analysis: View Here
Let’s Talk!
This is an exceptional chance to acquire a high-yielding mobile home park with seller financing. Contact us today to schedule a walkthrough.
The Morrow Wargo Group
Team Line: 484-791-6200
Email: Admin@morrowwargo.com
Investor Notice: All deals require independent due diligence. Investment returns are not guaranteed. The Morrow Wargo Group, Realty ONE Group Supreme, and associated parties assume no liability for reliance on this information.