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185 Mohawk School Rd
New Castle, PA 16102
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B
What's Special
New Castle Estates Mobile Home Park | 33 Pads | Option for Development <ul><li><span style="color: rgba(33, 37, 41, 1)">22 active rentals on MTM leases, 3 Park-owned homes with potential to add +/- 20 additional lots</span></li><li><span style="color: rgba(33, 37, 41, 1)">Rent includes a $62/month fee for sewage reimbursements; Tenants are responsible for their electric</span></li><li><span style="color: rgba(33, 37, 41, 1)">The owner currently handles common area landscaping and trash collection on</span></li><li><span style="color: rgba(33, 37, 41, 1)">2 well
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
