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Mobile Home Park With Three Homes
New
For Sale
$139,900

223 Pennington Dr, East Bernstadt, KY 40729

Includes three septic tanks and three water meters serving the existing property.

Property Size1,212 SF
Price / SF$115.43
Days on Market2

Property Features for 223 Pennington Dr

General Information

Standard status Active
Size 1,212 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence a little bit of work and clean up

Additional Details

Utilities to Site Yes
Multifamily Units 4

Building Details

Year Built 1943
Buildings 4
Listing Agency: Shawn Rogers Realty, Inc
Listed By: Lake Cumberland Real Estate Professional
Source: Lakecumberlandky
Added: Sep 9 Last Checked: Sep 10 at 6:20AM

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 Shawn Rogers Realty, Inc

Investment Insights

Based on property information with market context.

This mobile home and RV park property includes three mobile homes, along with an additional house that may be repaired and rented. The site also has capacity described for three more mobile homes.

Three septic tanks and three water meters are already in place. The property is located at 223 Pennington Dr in East Bernstadt, Kentucky, and dates to 1943.

Key Highlights

  • Three mobile homes currently on the property
  • Room described for three additional mobile homes
  • Three septic tanks and three water meters already in place

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Grocery & Convenience Store Auto Repair Shop Restaurant Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 40729, KY

5,815
Population
2,499
Households
2.3
Avg Household Size
41
Median Age
11%
College-Educated
82%
High-School Grad
75.1 sq mi
ZIP Area
77
Density / Sq Mi
$46,003
Median Household Income
$37,784
Median Earnings
$713
Median Rent
$95,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Includes three septic tanks and three water meters serving the existing property.
Where is this mobile home & rv park located?
The property is located at 223 Pennington Dr East Bernstadt, KY.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Three mobile homes currently on the property; Room described for three additional mobile homes; Three septic tanks and three water meters already in place
More about this property
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