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New Castle Estates 185 Mohawk School Rd 33 Unit Mobile Home Park $1,290,328 CAD ($39,101 CAD/Unit) New Castle, PA 16102
Investment Highlights
- 22 active rentals on MTM leases, 3 Park-owned homes with potential to add +/- 20 additional lots
- Owner currently handles common area landscaping and trash collection
- Owner indicates current water infrastructure is sufficient to accommodate additional lots
- Rent includes a $62/month fee for sewage reimbursements; Tenants are responsible for their electric
- 2 wells on property, 6 and 8 inches, includes wellhouse, and public sewer
Executive Summary
SCOPE is pleased to present the exclusive opportunity to acquire New Castle Estates, a mobile home community in New Castle, PA. The 33 units sit on an R3 (General Residential) zoning district and are not in a flood zone. Historically, the park has demonstrated consistent occupancy and its layout and infrastructure support efficient management, offering investors stable cash flow with the benefit of straightforward, low-maintenance operations. In addition to the in-place cash flow, the property presents a clear value-add opportunity through the potential development of +/- 20 additional pads. This expansion allows an investor to increase density and significantly enhance long-term returns. With strong fundamentals and future upside, this offering is well-suited for investors seeking both stability and growth within the mobile home park sector.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,290,328 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $39,101 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 24.83 AC |
| No. Units | 33 | Building Size | 49,500 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1980 |
| Zoning | R3 | ||
| Price | $1,290,328 CAD |
| Price Per Unit | $39,101 CAD |
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 24.83 AC |
| Building Size | 49,500 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | R3 |
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Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 26-093500 | Improvements Assessment | $158,008 CAD |
| Land Assessment | $114,429 CAD | Total Assessment | $272,438 CAD |
Property Taxes
Parcel Number
26-093500
Land Assessment
$114,429 CAD
Improvements Assessment
$158,008 CAD
Total Assessment
$272,438 CAD
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New Castle Estates | 185 Mohawk School Rd
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