Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 12.1%
- Listing ID: 488398
- Posted On: Dec 8, 2014
- Updated On: Aug 12, 2015
Description
Belaire Mountain Estates is located in Delaware County, in the Village of Margaretville, New York. The community sits on 4.30 (+-) acres and features 16 lots (2 Vacant) and two garages. The park has paved roads, updated electric, two wells, city sewer, updated pump house with new pump and an on-site manager/maintenance person.
Conveniently located 200 feet from Route 28 & one mile from the Margaretville Main Street Commercial District.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Total Occupancy: | 92.0 % |
| Year Built: | 1980 |
| Average MH Lot Rent: | $395 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $70 |
| Operating Expense: | $21 |
| Net Operating Income: | $48 |
| Expense Ratio: | 30.0 % |
Lot Information
| Singlewide Lots: | 16 |
RV Information
| Average RV Lot Rent: | $395 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $715 |
