For Sale
$4,700,000
-New Haven, CT 06501
- Added:
- Dec 11, 2024
- Days on market:
- 121
Highlights
- Well-maintained, Southern Connecticut community with 95%+ historical occupancy.
- Strong tenant demand due to area's limited affordable housing options; rent growth potential of 10-15%.
- Public water, septic sewer, and well-maintained infrastructure.
- Strong tenant base resulting in high collections and low turnover.
- Vacant commercial space offering $1,000+/month lease potential or $3,000+/month potential after conversion to two apartments (approx. $100k conversion cost).
- Turnkey asset in a desirable market, qualifying for non-recourse debt and offering high single-digit cash-on-cash returns at target price.
Property Details for 0 -
- Property type
- Mobile home & RV parks
- Class
- A
- Units
- 50
Location Insight
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.309955
- Longitude
- -72.9299465
-, New Haven, Connecticut
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FAQs
- Where is the mobile home & rv park located?
- The property is located at - New Haven, CT.
- What is the asking price?
- The asking price for this property is $4,700,000.
- What are key features of this property?
- This property features: Well-maintained, Southern Connecticut community with 95%+ historical occupancy.; Strong tenant demand due to area's limited affordable housing options; rent growth potential of 10-15%.; Public water, septic sewer, and well-maintained infrastructure.
- How can I contact the broker?
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