1031 State Rd 18, Hanover Twp - Wsh, PA 15021

$299,000
Sold Price
$299,000
List Price
$349,000
Status
CLOSED
MLS#
WESTPENN-1478198
Closing Date
Aug 10, 2021
Acres
6.17
Lot Size
268,765
Region
Hanover Twp - WSH

Property Description

Looking for a great investment that has not reached its full potential? Looking for a residual income that requires no on sight personnel. This is the opportunity you have been looking for! Located just north of S&T Bank Music Park and ever growing Starpointe Business Park is this wonderful Trailer Court. The owner has upgraded the infrastructure over the years and has brought it to the point where a new owner needs to grow the park. Upgraded septic lines and leach fields, grinder pumps, electric hookups. Expense proforma will be provided to all serious buyers upon further negotiations. Current cap rate is 8% with an unlimited opportunity to grow. There are two parcels, included is parcel #3400340000002710 which is .166 acres. Current out buildings could be refurbished or removed for additional opportunities. Location is ideal for growing the business. PLEASE do not drive through the trailer court, visitors and investors must me accompanied by an agent for insurance purposes.

Additional Information

Taxes
$2,971
Lot Dimensions
6.166

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX REAL ESTATE SOLUTIONS.

Selling Office: DEACON & HOOVER REAL ESTATE ADVISORS LLC.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.