Manufactured Housing Park with 17
For Sale
Contact for pricing
Pending
195 DORR DR, Rutland, VT 05701
A 100% occupied manufactured housing community with 17 tenant-owned homes and tenant-paid utilities.
Property SizeContact for details
Days on Market89
Property Features for 195 DORR DR
General Information
Standard status
Pending
Class
C
Property subtype
Multifamily, Land, Mobile Home Park
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$60,632
Financials
Cap Rate
10.11%
Business Included
Yes
Additional Details
Utilities to Site
Yes
Building Details
Units
17
Listing Agency:
Marcus & Millichap - Charlotte Uptown
Listed By:
Glenn Esterson · License #GA 355850
Source:
Crexi
Added: Jun 9
Changed: Sep 2
Last Checked: Sep 2 at 10:15AM
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 Marcus & Millichap - Charlotte Uptown
Investment Insights
Based on property information with market context.
Dorr Dr MHP is a manufactured housing community in Rutland, VT, presented for sale at 195 Dorr Dr. The park is 100% occupied and consists of 17 tenant-owned homes on 17 total lots. Lot rent averages $409 per month.
Operations include public water and sewer, with tenants responsible and billed back, while trash service is handled by the landlord via dumpsters and included in rent. Electric, gas/propane, and cable are tenant-paid through direct billing. The landlord mows the common areas, maintains and snow plows the private road, and provides ongoing park maintenance.
The property is described as not being in a flood zone and not in an opportunity zone. Current performance is reflected by the provided in-place and mark-to-market cap rate figures, and the offering highlights potential rent growth through gradual increases toward market levels.
Operations include public water and sewer, with tenants responsible and billed back, while trash service is handled by the landlord via dumpsters and included in rent. Electric, gas/propane, and cable are tenant-paid through direct billing. The landlord mows the common areas, maintains and snow plows the private road, and provides ongoing park maintenance.
The property is described as not being in a flood zone and not in an opportunity zone. Current performance is reflected by the provided in-place and mark-to-market cap rate figures, and the offering highlights potential rent growth through gradual increases toward market levels.
Key Highlights
- 100% occupied manufactured housing community with 17 tenant‑owned homes (TOH) in Rutland, VT
- In‑place lot rent averages $409/month for the 17 TOH lots
- Public water and sewer are provided; tenant pays and is billed back, while landlord pays trash via dumpsters included in rent
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
Explore this area
Business Placement
Demographics for 05701, VT
20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - A 100% occupied manufactured housing community with 17 tenant-owned homes and tenant-paid utilities.
Where is this mobile home & rv park located?
The property is located at 195 DORR DR Rutland, VT.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 100% occupied manufactured housing community with 17 tenant‑owned homes (TOH) in Rutland, VT; In‑place lot rent averages $409/month for the 17 TOH lots; Public water and sewer are provided; tenant pays and is billed back, while landlord pays trash via dumpsters included in rent
