717-891-0836
185 Mohawk School Rd, New Castle, PA for Sale
Manufactured Housing/Mobile Housing - FOR SALE
1/7
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185 Mohawk School Rd
New Castle, PA 16102


HIGHLIGHTS

  • Significant Value-Add Opportunity
  • Immediate Leasing Upside
  • Stable In-Place Cash Flow
  • Strong Demand for Affordable Housing
  • Low-Maintenance Operating Structure
  • Expansion-Ready Infrastructure

OVERVIEW

Horvath & Tremblay is pleased to exclusively present New Castle Estates, a 33-pad manufactured housing community located in New Castle, Pennsylvania. Situated on approximately 22.85 acres and zoned R-3 (General Residential), the property offers investors a stable cash-flowing asset with significant long-term expansion potential. The community currently consists of 22 occupied lots, including three park-owned homes, and 11 vacant pads, providing immediate leasing upside. Beyond the existing operations, ownership has identified the potential to develop approximately 25 additional sites utilizing existing infrastructure, creating a compelling value-add opportunity to increase density and revenue. With low-maintenance operations, public sewer service, private well infrastructure, and a growing demand for affordable housing throughout Western Pennsylvania, New Castle Estates offers investors the rare opportunity to acquire both stable in-place income and meaningful future growth within one investment.

FOR SALE DETAILS

PRICE

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# OF UNITS

33

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Castle Estates

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

22.85 AC

LAND SF

995,346 SF

ZONING

R3

APN/PARCEL ID

26-093500

ASK ABOUT THIS PROPERTY

Abe KhanHorvath & TremblayMore Info
717-891-0836

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Abe KhanHorvath & TremblayMore Info
717-891-0836

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