1237 CENTRAL ST

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1237 CENTRAL ST

LEOMINSTER, MA 01453-5969
Asking Price
$2.90M
Cap Rate
6.77%
Asset Type
Mobile-home-park
Class
Class B

What's Special

Mobile Home Park | 42 Units | $69,048 Price per Lot <p><strong>ACCESS & CONNECTIVITY </strong></p><p>Local bus service in Leominster is available through MART, including routes such as Route 1, Route 3, and the Fitchburg/Leominster/Lunenburg service, which connect the city to nearby destinations and transit nodes. </p><p>Rail connectivity is anchored by the Fitchburg Line, with North Leominster Commuter Rail serving the area and providing access to the regional rail network. </p><p>Highway access is a key advantage at White House Mobile Home Park

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,347.618
Annual Cash Flow
$-92,171.412

Location & Travel Times