Contact Information

Mobile Home Park Details

  • Price: $460,000
  • Cap Rate: 9.0%
  • Listing ID: 5346950
  • Posted On: Apr 22, 2024
  • Updated On: Apr 29, 2024

Description

- 21 Lots
- 11 Tenant-owned homes and 1 Park-owned (2020 Champion 3/2 single in very good shape)
- 9 Vacant Lots (Have electric - no water/septic not connected to system but can be)
- 20.20 Acres
- Town water and Private septic
- Gravel road (graded and repaired last Fall)

Location

- Located in St. Lawrence County

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Park Information

Number of MH Lots: 21
Total Occupancy: 59.7 %
Size: 20 acre(s)

Financial Information (Actual)

Gross Income: $100,560
Operating Expense: $18,611
Net Operating Income: $41,449
Expense Ratio: 18.5 %

Utility Information

Water: City
Sewer: Septic

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