5720 RT 87 HIGHWAY, Williamsport, PA 17701
$495,000
Property Type:
Multi-Units
Square Footage:
1,720
Lot Size (sq. ft.):
235,224
Status:
Closed
Current Price:
$495,000
List Date:
9/08/2016
Last Modified:
9/02/2024
Description
HOLLY HILL CT, mobile Home Park with long-term tenants (one often pays 3 mo. ahead!). It's located approx. 10 min. north of Montoursville Boro. Currently operated as an Over 55 adult mobile home park. New owner has opt to keep as an adult community. Total of 14 mobile home pads (2 owner owned mobile homes, 12 tenant owned mobile homes), 1,440 sqft+/- Steel building (built 2004),& Pump House. There is a central water system &septic system routinely serviced. The property is located across Rt. 87 from Pier 87. Vacancies are rare with a history of long term residents, some since it opened! IF YOU ACT QUICKLY there is one vacant unit that could be OWNER OCCUPIED. Seeking tenant for unit #4 for $600/mo + elec, heat, ph, TV, Internet.
Supplements: Owner vs. Tenant owned home expenses Owner: Units # 4&9 @$600/mo Includes trash, water/sewer Tenant units @ $325/mo Includes trash, water/sewer Tenants pay electric, heat, they are responsible for their driveways Park road maintained by owner
More Information MLS# WB-78695
Contract Information
Current Price: $495,000
Listing Contract Date: 2016-09-01
Status: Closed
List Price: $495,000
Assessed Valuation: 231190
Listing Service: Full Service
Foreclosure: No
Sold Information
Under Contract Date: 2017-01-28
Sold Date: 2017-03-31
General Property Description
Apx Total Fin SqFt: 1720
Year Built: 1972
Lot Size Acres: 5.4
Number of Units: 14
# Parking Spaces: 14
LocationTax and Other Information
House #: 5720
Street Name: RT 87
Street Suffix: HIGHWAY
County: Lycoming
State: PA
Postal Code: 17701
MLS Area: MONTOURSVILLE
Zoning: Commerical
Subdivision Name: Other
Tax ID: 48-291-137.A, .A-004, .A-009
Geo Lat: 41.34166
Geo Lon: -76.91791
Annual Income and Expenses
Inc - Rent: 61200
Total Inc/yr: 61200
Exp - Electricity: 2196
Exp - Garbage: 1140
Exp - Ins: Fire/Liab: 3383
Exp - Lawn/Snow: 4031.5
Exp - Maintenance: 3029.77
Exp - Taxes: 5035.32
Exp - Water/Sewer: 180
Exp - Other: 3029.77
Total - Exp/yr: 22025.36
NOI - Net Oper. Inc.: 36444.41
Basement
Basement Access: None/Slab
Common Area
Common Laundry Pd By: None
Dumpster: Owner
Electric Paid By: Owner
Heat Paid By: Tenant
Details
Property Assoc.: No
Under Construction: No
Home Warranty: No
Location
Other: Mobile Home Park
Showings
Media Permission: No
Property Features
Cell Service Avail: Cell Service Avail Yes
Construction: See Remarks
Cooling: See Remarks
Exterior Finish: See Remarks
Financing Considered: Cash; Conventional
Floors: Other
Heating Type: See Remarks
Meters: Separate Electric
Parking: Assigned Parking
Roof Type: Shingle; See Remarks
Sewer: Community; On-Site Septic
Style: Detached Units; Other
View: Mountain; Residential
Water Source: Well
Listing Office: RE/MAX WEST BRANCH
Office Phone: 570-321-1010
Listing Agent: Chris Wallace
Last Updated: September - 02 - 2024
All information deemed reliable, though not guaranteed. All measurements are approximate.