Pleasant View Mobile Home Park
Melcroft, PA
Asking price
$499,900
Sites
87
Cap rate
6.30%
Price / site
$5,746
About this property
Located in the heart of the beautiful Laurel Highlands in Melcroft, PA, this 40-pad mobile home park (expandable to 87 pads) offers an exceptional opportunity for investors seeking upside in a strong location. Surrounded by rolling hills and a peaceful rural setting, the park features on-site laundry equipment and a dedicated laundry room, along with a separate office building for property management. While currently underperforming and in need of improved operations, the park has solid infrastructure and strong demand in the area—presenting significant potential for increased occupancy and cash flow. With ample space and infrastructure in place to add 48 additional pads, this property is ideal for a value-add investor looking to reposition and grow a mobile home community in one of Western Pennsylvania’s most scenic regions. Water is sub metered billed directly to tenant. Water lines in park owned by water company. Electric direct billed to tenant. Whether you're expanding your portfolio or entering the mobile home park space, this opportunity combines natural beauty with strong investment fundamentals. SELLER FINANCING NOT AVAILBALE
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $499,900 |
|---|---|
| Sites | 87 |
| Price per site | $5,746 |
| Cap rate | 6.30% |
| Year built | 1977 |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
| Source last changed | Oct 2, 2026 |
Before you call the broker
7 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Site count and hookup mix — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Oct 2, 2026Price reduced$599,900 → $499,900
- Oct 2, 2026Price reduced
- Sep 6, 2026First seen by UnitListed
