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Cocheco River Estates 11 Tamarack Lane -1

157 Unit Mobile Home Park For Sale Rochester, NH 03867

INVESTMENT HIGHLIGHTS

  • Prime Location: Strategically positioned in proximity to essential amenities, shopping centers, medical facilities, and recreational options.
  • Natural Beauty: The picturesque Cocheco River provides an idyllic setting, creating a visually appealing environment and promoting an active lifestyle
  • Amenities: The property features a clubhouse, fitness center, and an in-ground swimming pool, enhancing the overall living experience for residents.
  • Tenant-Owned Homes: Stand out in the market with a 100% tenant-owned home model, a rarity that enhances resident commitment and community spirit.
  • Strong Community Dynamics: Benefit from the tightly-knit 55+ community that organizes regular activities, events, and gatherings.
  • 157 Homes: The community comprises 157 well-maintained mobile homes, each owned by tenants, ensuring a stable and committed resident base.

EXECUTIVE SUMMARY

100% Tenant Owned Mobile Home Park for Sale: Cocheco River Estates
Invest in a unique opportunity to own Cocheco River Estates, a highly sought-after, 55+ mobile home community boasting 157 tenant-owned homes along the tranquil Cocheco River. This is your chance to acquire an immaculately maintained property, offering an unparalleled investment opportunity within a well-established and thriving community.
- High Demand: With the growing 55+ demographic seeking secure and comfortable living options, Cocheco River Estates presents an opportunity to tap into a strong demand for retirement-friendly housing.
- Proven Profitability: Benefit from the property's history of consistent rental income and the potential for increasing returns through community enhancements and rent adjustments.
Seize this chance to own a thriving 55+ mobile home community with a tenant-owned approach. Cocheco River Estates is not just a property; it's an investment in a lifestyle that offers residents a sense of pride, belonging, and comfort. Don't miss out on this exceptional opportunity. Contact us today to explore the potential of owning Cocheco River Estates and becoming a part of this thriving community.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Units 157
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Single Family Home
Building Class C
Lot Size 73.00 AC
Building Size 3,179 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1983

SITE AMENITIES

  • Clubhouse
  • Fitness Centre
  • Pool
  • Planned Social Activities
  • Multi Use Room

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RCHE-000216-000026
Land Assessment
£1,681,406
Improvements Assessment
£2,137,904
Total Assessment
£3,819,310

ZONING

Zoning Code GRD (General Retail)
GRD (General Retail)
  • Listing ID: 29546403

  • Date on Market: 18/09/2023

  • Last Updated:

  • Address: 11 Tamarack Lane -1, Rochester, NH 03867

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