This well-maintained mobile home park in Charlemont, MA, offers a unique investment opportunity with 25 fully-occupied mobile homes and a single-family residence, providing a reliable and consistent rental income stream. Each mobile home has its own lot, contributing to low vacancy rates and strong demand for affordable housing in the area. The single-family residence adds an additional source of income, whether used for owner occupancy or as a rental property.The property also holds significant potential for growth, with space available to add up to 6 more mobile homes, further increasing rental income and expanding the community. Situated in a desirable location with increasing demand for affordable housing, this property offers both immediate cash flow and future development opportunities. This mobile home park in Charlemont offers a stable income stream with the added potential for expansion, making it an excellent long-term investment.
280 Zoar Rd, Charlemont, MA, 01339
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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