734 Pulaski Hwy, Bear, DE 19701-5201

This exceptional investment opportunity presents a 45-unit mobile home park situated on a spacious 5.77-acre lot at 734 Pulaski Highway in Bear, Delaware. Conveniently located off Route 40, this income-generating property boasts a remarkable 96% occupancy rate, with 96% of units resident-owned. The park's strong performance offers significant potential for increased revenue through several avenues. Two developed vacant sites are ready for immediate development, adding to the existing unit count and rental income. Furthermore, the undeveloped area at the rear of the property allows for the potential addition of two more sites, further expanding the park's capacity. Adding to the property's income stream is a single-family home currently rented on the premises. A significant advantage lies in the opportunity to transfer water and sewer costs to tenants, optimizing operational efficiency and profitability. This well-established mobile home park presents a compelling investment opportunity for those seeking a stable, high-yield asset with considerable upside potential for growth and enhanced profitability. The property is priced at $3,100,000.