1237 Central St - Multi-Family FOR SALE


Leominster, MA 01453- Outer Fitchburg/Leominster
$2,900,000 USD
781-776-4002
1237 Central St, Leominster, MA for Sale
$2,900,000 USD
Multi-Family - FOR SALE
1/11
null | 6.77% Cap Rate

1237 Central St
Leominster, MA 01453
Outer Fitchburg/Leominster


HIGHLIGHTS

  • Access and Connectivity
  • Area Amenities and Demand Drivers
  • Park Like Setting and Community Feel
  • Upside Potential
  • Strong Rental Demographics and Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the White House Mobile Home Park, a mobile home community located at 1237 Central Street in Leominster, MA (the “Property”). The Property is spread across 5.0 acres of land, and the quaint setting offers a traditional neighborhood feel with tree-lined streets and space. The community contains forty-two (42) mobile home sites and was originally established in 1962. The Property contains 142,709 square feet of gross living area and offers direct access parking for each unit. The mobile home park offers a community like setting with a park-like feel in a desirable suburban area. White House Mobile Home Park at 1237 Central Street is strategically positioned in Leominster, offering convenient access to the city’s primary commercial corridors, neighborhood retail amenities, and surrounding residential areas. The property benefits from strong connectivity along Central Street (Massachusetts Route 12), one of Leominster’s main thoroughfares, and is in close proximity to U.S. Route 2 and Interstate 190, providing efficient regional access to Worcester, Fitchburg, and the broader North Central Massachusetts region.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$20 USD /SF

# OF UNITS

42

PRICE/UNIT

$69,048

CAP RATE

6.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

White House Mobile Home Park

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

-

APN/PARCEL ID

LEOM-000500-000002A

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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