Mobile Home Park and Rooming
3216 BUFFALO Road Erie, PA 16510
New
3216 BUFFALO Road, Erie, PA, 16510
$899,900
For Sale
$899,900
MULTI_FAMILY - Erie, PA
Property Size7,354 SF
Lot Size1.23 Acres
Price / SF$122.37
Days on Market3
Property Features for 3216 BUFFALO Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 18
- Rooms
- Bedroom 4, Bedroom 12, Bedroom 5, Bedroom 8, Bedroom 11, Bedroom 14, Bedroom 15, Bedroom 18, Bedroom 10, Bedroom 6, Bedroom 16, Bedroom 3, Bedroom 13, Bedroom 17, Bedroom 1, Bedroom 2, Bedroom 9, Bedroom 7
- Standard status
- Active
- APN
- 50-001-013.0-001.00
- Size
- 7,354 SF
- Lot size
- 1.23 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 13887
- Expense value
- 20000
- Expense
- SecurityDeposit
- Expense freq.
- One Time
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Building materials
- Mixed
- Roof type
- Asphalt
Listing Agency
Agresti Real Estate
(814) 459-9400
2635 W 26th Street, Erie, PA
Listed by
Nicholas Marinelli · License #AB062182L
(814) 806-6300
Added: Jul 15 Checked: Jul 17 at 10:06 pm
MLS# 191984
Listing URL
Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale mixed residential investment includes a mobile home park with 18 mobile home pads, a rooming house with 10 rental rooms, and one apartment. The property also features a newer 24' x 48' x 12' garage and off-street parking, adding practical space for storage or on-site utility.
The asset is located at 3216 BUFFALO Road in Erie, Pennsylvania (16510) within Erie County. The property is described as being convenient to major roadways and area amenities.
Spanning 1.23 acres, the configuration supports multiple separate income streams within one ownership, combining mobile home pads, room rentals, and an apartment unit.
The asset is located at 3216 BUFFALO Road in Erie, Pennsylvania (16510) within Erie County. The property is described as being convenient to major roadways and area amenities.
Spanning 1.23 acres, the configuration supports multiple separate income streams within one ownership, combining mobile home pads, room rentals, and an apartment unit.
Key Highlights
- 1.23‑acre mobile home park and rooming house with multiple income streams
- Includes 18 mobile home pads for tenant stays
- Provides 10 rental rooms plus 1 apartment
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.6k | $11.64 |
| − Vacancy | −$3.4k | −$0.47 |
| EGI | $82.2k | $11.17 |
| − OpEx | −$37.0k | −$5.03 |
| NOI | $45.2k | $6.15 |
7,354 SF · lease $11.64/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$645.7K
$565.0K – $753.3K
NOI $45,197 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.60M – $2.13M
NOI $127,713 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wesleyville Apartments
Apartment Building
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - For sale multi-income residential property with 18 mobile home pads, 10 rental rooms, and one apartment on 1.23 acres.
Where is this mobile home & rv park located?
The property is located at 3216 BUFFALO Road Erie, PA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 1.23‑acre mobile home park and rooming house with multiple income streams; Includes 18 mobile home pads for tenant stays; Provides 10 rental rooms plus 1 apartment
