Manufactured Housing
864 S Main St Beacon Falls, CT 06403
864 S Main St, Beacon Falls, CT, 06403
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For Sale
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Stabilized manufactured housing community with 60 rentable units, including manufactured housing sites, apartments, and commercial units.
Lot Size5.50 Acres
Days on Market113
Property Features for 864 S Main St
General Information
- Standard status
- Active
- Lot size
- 5.50 Acres
- Property subtype
- Mobile Home Park
Listing agency
Sunstone Real Estate Advisors
Listed by
Kolman Bubis · License #IL 475173212
Source
Crexi
Added: Apr 1 Updated: Jul 22 at 1:06AM Checked: Jul 22 at 1:06AM
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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.
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
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
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 $4,970,000.
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.
