1793 Route 85, Montville, CT 06370

Just under 1.5 acres close to Waterford and East Lyme. Three permitted Mobile homes on the front half of the lot and a rolling field in the back half. 200Amp service, fully leased units, long term tenants. $26,400/year Gross with a 9-10% CAP rate with additional potential. Minimal operating costs as the tenants are responsible for their own mechanicals, utilities, trash and lawn maintenance. Upgraded well system supplies all three units! Two of the units convey with the property. The third unit closest to the street is owned by the tenant and pays $850/month lot rent. *agent related