MOBILE MANOR

ROSEDALE, MARYLAND

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Investment Highlights

  • 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

Property Overview

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.

Listed By:

Jonathon McClellan

(216) 264-2023

Jonathon.McClellan@marcusmillichap.com

Kyle Baskin

(216) 264-2059

Kyle.Baskin@marcusmillichap.com

Connor Outcalt

(216) 264-2029

Connor.Outcalt@marcusmillichap.com

Michael DiCillo

(216) 264-2034

Michael.DiCillo@marcusmillichap.com

Brian Hosey

Broker of Record - Maryland

License: 5005538