This Property is no longer advertised on Showcase.com.
Off Market
1/2

1 Cubb
Windsor, VT 05089


HIGHLIGHTS

  • 16-lot, all-age mobile home community located within the scenic Connecticut River Upper Valley
  • 100% TOH
  • Priced at ~$27,187 per lot
  • Annualized gross income (going-in): $54,240
  • Proforma Cap Rate (Yr 10): 15.20%
  • Value-add & hold opportunity with significant NOI upside via new home sales revenue & monthly lot rents upon occupancy

OVERVIEW

The community is located in a quiet, country setting located directly east of Black Mountain Road (44A). The park sits ~13.4 miles west of Interstate 91, a primary north-south thoroughfare in New England. Moreover, the property is located ~1.4 miles northwest of Mt. Ascutney State Park & ~22.2 miles southwest of Dartmouth College within the scenic Connecticut River Upper Valley. The property maintains a private well with no yield issues, and is connected to the municipal sewer system. The asset common areas & homes are well-maintained with pride of ownership.

FOR SALE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Mt. Ascutney MHP

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Manufactured Homes/Mobile Home Park

LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk

ZONING

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APN/PARCEL ID

768-244-11869