600 Laurel Vw Dr. Mt Mount Pleasant, PA 15666
This exceptional investment opportunity presents a stabilized portfolio of four manufactured housing communities totaling 386 sites in the Mount Pleasant area, conveniently located near Pittsburgh, Pennsylvania. The portfolio boasts an impressive 88% occupancy rate as of August 26, 2024, demonstrating a strong and stable tenant base. Below-market rents offer significant potential for future revenue growth. The properties benefit from excellent curb appeal and a majority of publicly provided utilities, minimizing maintenance costs and enhancing service reliability. Operational efficiencies are maximized through shared staffing resources across the four communities and a minimal number of park-owned homes. This portfolio represents a scaled entry point into the Pennsylvania market, offering a compelling combination of strong current performance and substantial upside potential within a rapidly growing metropolitan area. The permitted zoning is specifically for mobile home parks, ensuring the continued viability of this investment. The portfolio's location in Fayette County, Pennsylvania, at 600 Laurel View Dr., Mount Pleasant, PA 15666, provides easy access to the amenities and opportunities of the Pittsburgh MSA. This is a rare opportunity to acquire a well-managed, high-performing asset with significant long-term growth prospects.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.