Manufactured Housing Community with 14
For Sale
Contact for pricing
Pending
65 River Road, Essex Junction, VT 05452
Stabilized manufactured housing community with 15 lots, including 14 tenant-owned homes and 1 vacant lot.
Property SizeContact for details
Days on Market109
Property Features for 65 River Road
General Information
Standard status
Pending
Class
C
Property subtype
Multifamily, Land, Mobile Home Park
Occupancy
93%
Investment Type
Stabilized
Net Operating Income
$58,610
Financials
Cap Rate
8.37%
Business Included
Yes
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Units
15
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Charlotte Uptown
Listed By:
Glenn Esterson · License #GA 355850
Source:
Crexi
Added: May 19
Changed: Sep 2
Last Checked: Sep 1 at 6:17PM
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.
River Hill MHP is a stabilized manufactured housing community offering 15 total lots, including 14 tenant-owned homes and 1 vacant lot. The community benefits from a private paved road with landlord-maintained snow plowing and lawn mowing of the commons. Utilities servicing is provided via public water and sewer, with the landlord paying for water/sewer and including it in rent. Trash is curbside and billed directly to tenants, while electric, gas/propane, and cable are all tenant-paid via direct billing.
The property is located in Essex Junction, Vermont, within the Burlington–South Burlington MSA, under 10 miles from downtown Burlington. The park itself is not in a flood zone, though a portion of the parcel across the road along the river is in a flood zone. The park is also noted as not being in an opportunity zone.
The overall configuration consists of tenant-owned homes supported by lot rent, with the community also presenting immediate infill opportunity through the vacant lot.
The property is located in Essex Junction, Vermont, within the Burlington–South Burlington MSA, under 10 miles from downtown Burlington. The park itself is not in a flood zone, though a portion of the parcel across the road along the river is in a flood zone. The park is also noted as not being in an opportunity zone.
The overall configuration consists of tenant-owned homes supported by lot rent, with the community also presenting immediate infill opportunity through the vacant lot.
Key Highlights
- Stabilized manufactured housing community with 15 total lots: 14 tenant‑owned homes (TOH) and 1 vacant lot
- Lot rent for TOHs is $585/month; vacant lot has projected market lot rent of $750/month for infill upside
- Public water and sewer service with landlord‑paid utilities, included in rent
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 05452, VT
22,153
Population
9,808
Households
2.3
Avg Household Size
41
Median Age
54%
College-Educated
95%
High-School Grad
40.4 sq mi
ZIP Area
548
Density / Sq Mi
$97,697
Median Household Income
$55,997
Median Earnings
$1,463
Median Rent
$404,200
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 - Stabilized manufactured housing community with 15 lots, including 14 tenant-owned homes and 1 vacant lot.
Where is this mobile home & rv park located?
The property is located at 65 River Road Essex Junction, VT.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Stabilized manufactured housing community with 15 total lots: 14 tenant‑owned homes (TOH) and 1 vacant lot; Lot rent for TOHs is $585/month; vacant lot has projected market lot rent of $750/month for infill upside; Public water and sewer service with landlord‑paid utilities, included in rent
