Property Description

Excellent Investment Opportunity in Randolph, VT! For sale is an established mobile home park offering 12 properties with 13 total units including an additional building used for storage all situated on 3.9 acres of land. This well-performing investment delivers solid cash flow with a 6% cap rate and offers strong potential for continued growth. Conveniently located close to downtown Randolph and just minutes from Interstate 89, the park is easily accessible and appealing to tenants. Four of the units have been recently renovated with a 5th underway, enhancing the property's long-term value and tenant satisfaction. Tenants are responsible for their own trash, heat, hot water and electricity, while the owner covers water, sewer, landscaping and plowing. With a proven rental history and consistent demand, this property is a rare opportunity to own a turnkey multi-unit investment in central Vermont.

Property Features