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AUCTION PROPERTY. Auction date is Thursday, June 26th @ 5PM. List price is opening bid price only and is not indicative of the final sale price. TERMS: 10% down day of auction, balance 60 days or before. Buyer pays both transfer taxes (2% of sale price). REAL ESTATE: Unique mobile home park w/ 16 rental pads plus 2 ½ story 2 unit rental house with 1st floor 2 bedroom unit & 2nd floor 1 bedroom unit. Each unit has: kitchen, living room, bath, electric baseboard heat, macadam drive & parking, public water & sewer all on 1.2 ACRES. Tenants pay heat, electric, cable, water & sewer. 16 MOBILE HOME PADS @ $425 rental each. One mobile home is owned by owner & included in this sale. Ideal investment opportunity with income growth potential. Convenient location for tenants w/ easy access to stores, restaurants & schools. Zoned LMD. Bridge at rear of community has been removed and a new one is being installed prior to the auction. NOTE: Owners discontinuing partnership & serious to sell. 18 rental units. Income & expense info available upon request. Gross income approx. $114K, net approx. $92K with positive growth potential. Open House Saturday, June 7, 14 & 21 from 1 to 4PM.
| DAYS ON MARKET | 2 | LAST UPDATED | 6/2/2025 |
|---|---|---|---|
| YEAR BUILT | 1948 | COMMUNITY | Ephrata Boro (10526) |
| COUNTY | LANCASTER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | EPHRATA AREA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Ephrata Boro (10526) |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard, Oil |
| LOT | 1.2 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street, Driveway |
| SEWER | Public Sewer |
| TAXES | 6738 |
| WATER | Public |
| ZONING | Light Manufacturing District |
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