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195 Dorr Dr
Rutland, VT 05701

$600,000 USD

Manufactured Housing Mobile Home Park For Sale  •  1,000 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 1,000 SF
  • Lot Size 0.56 AC
  • Building Class C
  • Year Built 2020
0 Transit Score
40 Walk Score

Highlights

17-lot, 100% occupied, tenant-owned-home community generating stable cash flow
Current lot rents average $409/month with potential to align with market averages of $540/month
Public water and sewer systems utilized with costs billed back to tenants for minimal landlord utility expense
Proximity to Killington and Okemo resorts as well as major hospitals, supporting diverse tenant demand
Offered at $600,000 with a 10.11% cap rate on current operations and upside reflected in future rent growth

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Microwave
  • Tenant Controlled HVAC
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
6 min - 1.6 mi
Cole Burchill 919-674-1123 Marcus & Millichap
Cole Burchill 919-674-1123 Marcus & Millichap