280 Zoar Rd Charlemont, MA 01339
This well-maintained mobile home park in Charlemont, Massachusetts, presents a compelling investment opportunity. The property boasts 25 fully occupied mobile homes, each situated on its own lot, contributing to exceptionally low vacancy rates and a strong, consistent rental income stream. Adding to the income potential is a single-family residence, which can serve as owner-occupied housing or generate additional rental income. The property's financial performance is underscored by a 6.87% capitalization rate and a Net Operating Income (NOI) of $103,110. Located at 280 Zoar Rd, Charlemont, MA 01339, this park is strategically positioned in a desirable area experiencing high demand for affordable housing. The property's significant upside potential is further enhanced by the availability of space to add up to six more mobile homes, allowing for future expansion and increased rental revenue. This translates to both immediate cash flow and substantial long-term growth prospects, making it an attractive investment for those seeking a stable and appreciating asset. The asking price for this exceptional opportunity is $1,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.