1155 MEADOWLAWN STREET

DO NOT DISTURB TENANTS. Very well maintained 3 unit mobile home property. Solid small investment property in Fort Meade. 3 mobile home units on just under a 1/2 acre lot. Mobile homes ages 2006, 2000, 1988. Unit Mix includes one 3 bed / 2 bath, and two 2 bed / 1.5 bath units. Owner has taken great care of these units and rents are below market. Solid investment with upside potential. Current tenants are month-to-month with rents currently at $465/month to $475/month. Rents equate to $0.50 - $0.60/SF per month, which is well below the market average of $0.80 to 0.90/SF per month. These tenants have been in place a long time and the current owner has not raised the rents in years. One unit just became available and rent could easily be bumped to market levels for the new tenant.