Glen Woods MHP
For Sale
Contact for pricing
Pending
142 Glenallen St, Winchendon, MA 01475
112-site, age-restricted community in Winchendon, Massachusetts.
Property SizeContact for details
Lot Size66.00 Acres
Days on Market150
Property Features for 142 Glenallen St
General Information
Standard status
Pending
Lot size
66.00 Acres
Property subtype
Mobile Home Park
Building Details
Units
112
Listing Agency:
Sunstone Real Estate Advisors - Orlando
Listed By:
JIm Fletcher · License #9585731
Source:
Crexi
Added: May 21
Changed: Oct 13
Last Checked: Oct 16 at 8:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sunstone Real Estate Advisors - Orlando
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Investment Insights
Based on property information with market context.
Glen Woods MHP is a manufactured housing community located in Winchendon, Massachusetts. Situated on 66 wooded acres, this age-restricted community features 112 sites and is currently 100% occupied. The community has long-tenured owners, and touring buyers have consistently described Glen Woods as unlike anything else in their portfolio. The current average lot rent is $504 per month, which is approximately $115 below the adjusted regional market average of $545, presenting a rent optimization opportunity. The Net Operating Income at current operations is approximately $453,000, with a clear path to growth. The operating structure is clean, expenses are lean, and management is simple. The asset requires no remediation capital from day one.
Key Highlights
- 100% Occupancy: Enjoy immediate and stable income.
- Significant Rent Optimization Opportunity: Lot rents are $115 below market average.
- Strong Net Operating Income: Current NOI approximately $453,000.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
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Business Placement
Demographics for 01475, MA
10,304
Population
4,095
Households
2.5
Avg Household Size
42
Median Age
24%
College-Educated
94%
High-School Grad
42.8 sq mi
ZIP Area
241
Density / Sq Mi
$85,638
Median Household Income
$50,352
Median Earnings
$1,245
Median Rent
$294,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 112-site, age-restricted community in Winchendon, Massachusetts.
Where is this mobile home & rv park located?
The property is located at 142 Glenallen St Winchendon, MA.
What are key features of this property?
This property features: 100% Occupancy: Enjoy immediate and stable income.; Significant Rent Optimization Opportunity: Lot rents are $115 below market average.; Strong Net Operating Income: Current NOI approximately $453,000.
