101 Court Ln Altoona, PA 16601
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 101 Court Ln
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional investment opportunity in Altoona, Pennsylvania, presents a unique chance to acquire a 17-unit tenant-owned mobile home park situated on 101 Court Lane, Blair County, 16601. The property also includes 5 seller-owned units, with one currently rented, and six vacant pads ready for development. The asking price of $595,000 is based on the property's strong income stream, generated by a monthly lot rent of $300 per unit. This includes trash removal and sewer services. Tenants contribute an additional $42.50 monthly towards water expenses. Four vacant units require some improvements. The park operates under specific guidelines: no dogs are permitted, and leasing is restricted to individuals 55 years of age or older. This property offers significant potential for growth and return on investment, making it an attractive proposition for discerning investors seeking a stable and income-producing asset in a desirable location. The property's address is precisely 101 Court Lane, Altoona, PA 16601, with GPS coordinates 40.5751549 latitude and -78.3460077 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Altoona
- County
- Blair
- State
- Pennsylvania
- Longitude
- -78.346
- Latitude
- 40.5752
