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Property profile

153 Pennsylvania Ave New Stanton, PA 15672

OFF-MARKET
Mobile home & RV parks
155,978 SF 3.5 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3.5-acre, B-Class, mixed-use property located at 153 W Pennsylvania Ave, New Stanton, PA 15672. Currently operating as a mobile home park with 23 pads and 13 units (10 tenant-occupied, 3 vacant, owner-occupied), the property boasts 155,978 square feet and is zoned B-1. The asking price is $679,900 ($4.36/sq ft). The property enjoys a high-traffic location at the New Stanton exit off I-70, with over 75,000 vehicles passing daily. Its flat terrain and prime location near a newly opened Amazon warehouse (employing 600) make it ideal for redevelopment into various businesses, including a truck stop, car wash, gas station, or restaurant. The current annual gross income is $47,000. An adjacent 1.2-acre property is also available for purchase, expanding development potential. The property features three buildings, one story each, and has a 40% occupancy rate as of June 29, 2024. New Stanton boasts a growing population and a median income of $65,700, offering a promising market. The property's APN is 64-04-13-0-036, 037. Tenants are credit-rated. This is a 100% ownership opportunity.

Property profile

Verified
Property type Mobile home & RV parks
Total area 155,978 SF
Lot 3.5 ac (152,460 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Campground & RV Park

Location

153 Pennsylvania Ave New Stanton, PA 15672
New Stanton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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