Building Details

Units 60

Listing Agency: Sunstone Real Estate Advisors

Listed By: Kolman Bubis · License #471.001148

Source: Crexi

Added: Apr 1 Changed: Oct 16 Last Checked: Oct 20 at 9:26PM

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Investment Insights

Based on property information with market context.

Rivers Edge MHC is a stabilized manufactured housing community offering 60 total rentable units on approximately 5.5 acres. The community includes 55 manufactured housing sites, three apartment units, and two commercial units. Occupancy is currently strong, with 54 tenant-owned homes in place and one home under rehab expected to be sold and rented, bringing the tenant-owned home count to 55 and projected occupancy to 100%. This diversified unit mix supports a stabilized operating profile.

The property is located along Connecticut Route 8 at 864 South Main Street in Beacon Falls, Connecticut, within New Haven County and the New Haven–Milford Metropolitan Statistical Area. The location provides residents convenient access to nearby employment centers across the broader region.

Current operations indicate approximately $527,927 in annual revenue and $347,883 in Net Operating Income, supported by full occupancy. Projections based on modest annual lot rent increases target average lot rents of approximately $766 per month by Year 3, with projected revenue of roughly $585,308 and Net Operating Income increasing to approximately $388,750.

Key Highlights

• Stabilized 60‑site manufactured housing community at 864 South Main Street, Beacon Falls, CT (New Haven County).
• 60 total rentable units on ~5.5 acres: 55 manufactured housing sites, 3 apartment units, and 2 commercial units.
• Currently 98% occupied in the manufactured housing component with 54 tenant‑owned homes; 1 home under rehab assumed to reach rent‑ready status for 100% occupancy.

Property Analytics

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Lease Details

3

Residential units

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

36

Businesses Nearby

Explore this area Business Placement

Demographics for 06403, CT

5,985

Population

2,668

Households

2.2

Avg Household Size

46

Median Age

43%

College-Educated

98%

High-School Grad

9.7 sq mi

ZIP Area

617

Density / Sq Mi

$95,405

Median Household Income

$61,973

Median Earnings

$1,886

Median Rent

$323,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Stabilized manufactured housing community with 60 rentable units, including manufactured housing sites, apartments, and commercial units.

Where is this mobile home & rv park located?

The property is located at 864 S Main St Beacon Falls, CT.

What is the asking price?

The asking price for this property is $4,295,000.

What are key features of this property?

This property features: Stabilized 60‑site manufactured housing community at 864 South Main Street, Beacon Falls, CT (New Haven County).; 60 total rentable units on ~5.5 acres: 55 manufactured housing sites, 3 apartment units, and 2 commercial units.; Currently 98% occupied in the manufactured housing component with 54 tenant‑owned homes; 1 home under rehab assumed to reach rent‑ready status for 100% occupancy.