1136-1140 STEINMETZ RD Open House Save Request In-Person Tour Request Virtual Tour
Ephrata,PA 17522
OPEN HOUSE
Sat Jun 21, 1:00pm - 4:00pm
Key Details
Property Type Mobile Home, Commercial
Sub Type Mobile Home/Campgrounds
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $520
MLS Listing ID PALA2070840
Year Built 1948
Annual Tax Amount $6,738
Tax Year 2024
Lot Size 1.200 Acres
Acres 1.2
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mobile Home/Campgrounds
Source BRIGHT
Property Description
AUCTION PROPERTY. Auction date is Thursday, June 26th @ 5PM. List price is opening bid price only and is not indicative of the final sale price. TERMS: 10% down day of auction, balance 60 days or before. Buyer pays both transfer taxes (2% of sale price). REAL ESTATE: Unique mobile home park w/ 16 rental pads plus 2 ½ story -2 unit rental house with 1st floor 2 bedroom unit & 2nd floor 1 bedroom unit. Each unit has: kitchen, living room, bath, electric baseboard heat, macadam drive & parking, public water & sewer all on 1.2 ACRES. Tenants pay heat, electric, cable, water & sewer. 16 MOBILE HOME PADS @ $425 rental each. Lot #3 is park owned and rents for $500/month in addition to the $425 lot rent. Park owner also owns Lot #7 – mobile home has been removed and currently is not producing income. Park owner is gaining ownership of Lot #8 (currently vacant) which could be rented or replaced for additional income. Bridge at rear of community has been replaced and the railings on the bridge will be reinstalled prior to the auction. Ideal investment opportunity with income growth potential. Convenient location for tenants w/ easy access to stores, restaurants & schools. Zoned LMD. NOTE: Owners discontinuing partnership & serious to sell. 18 rental units. Income & expense info available upon request. Gross income approx. $114K, net approx. $92K with positive growth potential. Open House Saturday, June 7, 14 & 21 from 1 to 4PM.
Location
State PA
County Lancaster
Area Ephrata Boro (10526)
Zoning LMD
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Carpet,Vinyl
Heat Source Oil
Exterior
Garage Spaces 36.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 36
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Ephrata Area
Others
Tax ID 260-71232-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Auction