12 Daisy Ln - Manufactured Housing/Mobile Housing FOR SALE


Franklin, NH 03235
$3,000,000 USD
781-776-4000
12 Daisy Ln, Franklin, NH for Sale
$3,000,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/15
null | 3.98% Cap Rate

12 Daisy Ln
Franklin, NH 03235


HIGHLIGHTS

  • 55+ Manufactured Home Community
  • 17.5 Total Acres
  • Park-Like Setting & Community Feel
  • Significant Upside

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the LaBranche Mobile Home Park, a 55+ manufactured home community located in Franklin, NH (the “Property”). The Property is spread out over 17.5 acres of land, the quiet setting offers a traditional neighborhood feel with tree-lined streets and green space. The community contains fifty-one (51) mobile home sites and was originally established in 1965. Each tenant is responsible for their own oil and propane powered heat and hot water, as well as separately metered electricity, which tenants pay directly. The Landlord is responsible for providing common area electric, and public water and sewer. LaBranche Mobile Home Park is located just off Route 3A (NH-3A), along the Pemigewasset River and just 1.2 miles away from Webster Lake. The Property offers its residents tranquil living in the inviting state of New Hampshire. Labranche Mobile Home Park is located within Merrimack County, and offers numerous dining, recreational, shopping, and family oriented amenities.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$118 USD /SF

# OF UNITS

51

PRICE/UNIT

$58,824

CAP RATE

3.98%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LaBranche Mobile Home Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.5 AC

LAND SF

762,300 SF

ZONING

R2

APN/PARCEL ID

FRKN-000096-000061-000008,FRKN-000096-000062-000014

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.