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69-71 Manchester Street, Concord, NH, 03301 | $1,250,000
Mobile Home Park for sale - Here’s your chance for a great opportunity with this cash-flowing, stabilized, well maintained mobile home community for sale, well positioned for new and seasoned investors. There are 18 mobile home lots, a single family home and a commercial building with a long term lease as a laundromat. This mobile home community represents a turnkey investment with lot rent under market value. All lots are rented, but without paper leases in place. Great opportunity for you to choose your own lot rents and rules. Don’t miss the chance to add this solid, income-generating asset to your portfolio. All utilities (water, sewer, trash, electric and internet) are billed directly to residents, limiting your overhead for maintenance or repairs. Community is all Tenant Owned Homes (TOH). Clean premises, stable collections and smooth daily operations. A low maintenance introduction to home home community ownership. New owners can focus on learning the business without the burden of costly infrastructure maintenance or repairs. Community has already gone through the co-op process which was voted down. Seller is selling his contract to purchase 69-71 Manchester St. The sale of this property being listed is contingent upon the proposed Seller (or “Contract Owner”) completing his/her/its purchase of this property. “Seller” currently has this property under contract for purchase.
Features
- Property Type: Investment,Land,Multi-Family
- Units: 20
- Zoning: RH
- Acreage: 3
- Est. Taxes: $13,443
- MLS#: 5003334
- Website: https://www.raveis.com
/prop/5003334/6971manchesterstreet_concord_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/7/2024Listing courtesy of NOBO Real Estate Phone: 603-303-4216
Listing Agent: Jennifer Jutras
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
69-71 Manchester Street, Concord, NH, 03301
$1,250,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
| Monthly Tax Payment | $1,120 | $1,120 | $1,120 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,915 | $6,321 | $8,574 |
| Total Monthly Payment | $7,160 | $7,566 | $9,819 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB