Opportunity to Acquire an All Age Manufactured Housing Community Located in the Baltimore MSA
36 Sites That Are 100 Percent Occupied With Below Market Rents
Serviced by Public Water and Sewer That Is Not Sub-Metered
Population Greater Than 1,500,00 and a Median Housing Value of $242,593 Within a 15 Mile Radius of Mobile Manor
Marcus & Millichap is pleased to present the opportunity to acquire Mobile Manor, an all age manufactured housing community located in Rosedale, Maryland - just outside of Baltimore. The community contains 36 sites that are 100 percent occupied serviced by public water and sewer.
Due to its location in the Baltimore MSA and easy access to US-40, its residents can benefit from a variety of activities, restaurants and shopping within a 20 minute drive.
Within a 15 mile radius of the community, the area boasts a population greater than 1,500,000 and a median housing value of $242,593.
Debt assumption terms are 3.39%, 12 year term, and 5 years I/O, with an origination date of 12/2019.
Broker of Record - Maryland