Mobile Home Park Details

  • Cap Rate: 10.4%
  • Listing ID: 1572905
  • Posted On: Dec 13, 2021
  • Updated On: Dec 28, 2023

Description

* Cap Rate 10.43%
* 25 Site Park, 13 Tenant Owned Homes, and 12 Park Owned Homes
* Town Water
* Septic
* Great Location in Warren County - 2 Miles from Queensbury Schools and 3 Miles from West Mountain Ski Resort.

Location

* Warren County. 7 Miles from Lake George Village

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Park Information

Number of MH Lots: 25
Total Occupancy: 100.0 %
Year Built: 1970
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $180,720
Operating Expense: $50,482
Net Operating Income: $130,238
Expense Ratio: 27.9 %

Lot Information

Singlewide Lots: 25

Utility Information

Water: City
Sewer: Septic

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