Multifamily Housing - For Sale
8461 Perry Highway Erie, PA 16509
Details & Description
Price: $6,500,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 15.000
  • Building Sq Ft 150,000
  • Building Price per Sq Ft $43.33
  • Land Sq Ft 653,400
  • Land Price per Sq Ft $9.95
The NMHC Group of KW Commercial is pleased to present Summit Village and Blue Coral Mobile Home Parks as part of a 2-park portfolio located in Erie Pa. Summit Village, located at 8461 Perry Hwy, Erie, PA 16509, is a 115 site community on city utilities that currently has 32 vacant sites. Blue Coral located at 411 Kelso Dr, Erie, PA 16509, is a 52 site community on city utilities that currently has 14 vacant sites. Summit Village and Blue Coral are roughly a 20 minute drive away from each other allowing for one management team. At both communities, water is direct billed and sewage is reimbursed via a flat rate billed to each tenant.
Listing Agents
Buddy Martin
KW Commercial
O: 484-762-8149
bmartin@nmhcgroup.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

8461 Perry Highway

Erie, PA 16509

Listing ID: 270922
$6,500,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 15.000
  • Building Sq Ft 150,000
  • Building Price per Sq Ft $43.33
  • Land Sq Ft 653,400
  • Land Price per Sq Ft $9.95
  • 8461 Perry Highway Erie, PA 16509 | for Sale | Photo 1
  • 8461 Perry Highway Erie, PA 16509 | for Sale | Photo 2
  • 8461 Perry Highway Erie, PA 16509 | for Sale | Photo 3
8461 Perry Highway | for Sale | Thumbnail 1
8461 Perry Highway | for Sale | Thumbnail 2
8461 Perry Highway | for Sale | Thumbnail 3
Description

The NMHC Group of KW Commercial is pleased to present Summit Village and Blue Coral Mobile Home Parks as part of a 2-park portfolio located in Erie Pa. Summit Village, located at 8461 Perry Hwy, Erie, PA 16509, is a 115 site community on city utilities that currently has 32 vacant sites. Blue Coral located at 411 Kelso Dr, Erie, PA 16509, is a 52 site community on city utilities that currently has 14 vacant sites. Summit Village and Blue Coral are roughly a 20 minute drive away from each other allowing for one management team. At both communities, water is direct billed and sewage is reimbursed via a flat rate billed to each tenant.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 

Loan and Amortization Calculator

Listing Price
Down Payment

Loan Amount:
Interest Rate:
Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Erie Area Market Trends

Listing Demographics for 8461 Perry Highway Erie, PA 16509

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population1,22615,20191,127
Population Median Age464339
Population by Age0-9 Yrs50 (4%)1464 (9%)10945 (12%)
10-19 Yrs212 (17%)1916 (12%)12674 (13%)
20-29 Yrs67 (5%)1738 (11%)12865 (14%)
30-39 Yrs130 (10%)1594 (10%)11236 (12%)
40-49 Yrs176 (14%)1819 (11%)10506 (11%)
50-59 Yrs198 (16%)2325 (15%)11885 (13%)
60-69 Yrs190 (15%)1984 (13%)10246 (11%)
70+ Yrs201 (16%)2361 (15%)10770 (11%)
Median HH Income$64,247$65,329$49,540
Total Household Income< 24K64 (11%)1026 (15%)8559 (23%)
25-49K151 (26%)1515 (22%)10052 (27%)
50-74K95 (16%)1320 (19%)7098 (19%)
75-99K32 (5%)700 (10%)4137 (11%)
100-199K185 (32%)1695 (25%)6100 (16%)
200K+36 (6%)467 (6%)942 (2%)
Highest Education LevelNo Diploma503264973
Diploma or GED376388723356
Some College17517259991
Assoc. Degree8810915692
Bachelors Degree125229311192
Higher Degree11216835753
Total Housing Units6267,11639,982
--Owner-Occupied4994,93823,775
--Renter-Occupied641,78413,113
Owner-Occupied Values< 100K1538019816
100-199K18221699650
200-299K6412732868
300-399K51367715
400-499K18134249
500K+32194477
Total Working Age Population1,06612,60573,492
In Work Force6678,11344,932
Not In Work Force3994,49128,560
Workforce Employed6627,86342,213
Workforce Unemployed62212,552
Civlian Workforce6678,08444,765
Military Workforce030166
Total Households5636,72236,887
Family Households3474,13321,866
Non-Family Households2162,58815,022
Married Couple2553,24815,122
Other Family928856,743
Married w/Child701,0855,407
Single Male w/Child18181976
Single Female w/Child252392,900

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
Erie County280,8430280,566+5294,425+4305,877

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Other Multifamily Housing Listings for Sale Nearby
Address Price Sq Ft Acres
1426 E 51st St, Ashtabula, OH $1,825,000 33775 0.78
4924 West Avenue, Ashtabula, OH $175,000 5561 0.32
21 East 2nd Street, Dunkirk, NY $945,000 17208 1
Concord Station Townhomes - Station 44 Pl, Painesville, OH CALL 66336 -
227 West Cooper Street, Slippery Rock, PA CALL 52475 -
68 Days Park, Buffalo, NY CALL 45256 -
1587 Mallard Drive, Mayfield Heights, OH $6,250,000 114580 -
375 Richmond Avenue, Buffalo, NY $675,000 4374 0.16
375 Richmond Avenue, Buffalo, NY $595,000 4374 0.14
212 - 220 Grant St, Buffalo, NY $2,125,000 16815 0.17
Closest Commercial Airports
Airport Distance (mi)
Erie International Tom Ridge Field (ERI) 8
Buffalo Niagara International Airport (BUF) 90
Cleveland Hopkins International Airport (CLE) 104
Listing Agent
More listings from Buddy Martin
Featured Local Vendors
• SUPPORT OUR FREE PLATFORM •
The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
• Custom Radius Reports •
Cubit logo
Get the data you need. Click here

Share