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525 E Main St - Shoreline Mobile Home Park 10.81 Acres of Residential Land Offered at $7,100,000 in Branford, CT 06405
Investment Highlights
- Route U.S. 1; Boston Post Road.
- 70 Units currently with 81 allowed
Executive Summary
10.81 acres on Route U.S. 1; Boston Post Road.
Current use - Mobile home park with 70 units currently, out of 81 total allowed. 69 are tenant owned and 1 is an apartment owned by the park. Typical valuation is $100,000 per pad and $50,000 per vacant pad.
Current use - Mobile home park with 70 units currently, out of 81 total allowed. 69 are tenant owned and 1 is an apartment owned by the park. Typical valuation is $100,000 per pad and $50,000 per vacant pad.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$668,731
|
$61,862.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$668,731
|
$61,862.26
|
| Taxes |
$25,694
|
$2,376.87
|
| Operating Expenses |
$102,267
|
$9,460.41
|
| Total Expenses |
$127,961
|
$11,837.28
|
| Net Operating Income |
$540,770
|
$50,024.98
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $668,731 |
| Annual Per AC | $61,862.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $668,731 |
| Annual Per AC | $61,862.26 |
| Taxes | |
|---|---|
| Annual | $25,694 |
| Annual Per AC | $2,376.87 |
| Operating Expenses | |
|---|---|
| Annual | $102,267 |
| Annual Per AC | $9,460.41 |
| Total Expenses | |
|---|---|
| Annual | $127,961 |
| Annual Per AC | $11,837.28 |
| Net Operating Income | |
|---|---|
| Annual | $540,770 |
| Annual Per AC | $50,024.98 |
Property Facts
1 Lot Available
Lot 81
| Price | $7,100,000 | Lot Size | 10.81 AC |
| Price Per AC | $656,799.26 |
| Price | $7,100,000 |
| Price Per AC | $656,799.26 |
| Lot Size | 10.81 AC |
10.81 acres on Route U.S. 1; Boston Post Road. Mobile home park with 70 units currently, out of 81 total allowed. Can be developed into multifamily apartment buildings.
Description
Mobile Home Park - Mobile home park with 70 units currently, out of 81 total allowed.
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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525 E Main St - Shoreline Mobile Home Park
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