Contact Information

Mobile Home Park Details

  • Price: Call for Price
  • Purchase Method: Cash, New Loan
  • Property ID: 1046118
  • Posted on Mar 25, 2019

Property Description

This excellent opportunity to own a mult-family property in Saratoga County is presented to you by IRE Investment. Lot rents for this property are below market & there is an excellent opportunity for up-side on this property collection. The property is located just outside of Saratoga Springs, where there is a very strong demand for affordable housing.

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Park Information

Community Type: All Age
Number of MH Lots: 62
Total Occupancy: 89.0 %
Year Built: 1970
Average MH Lot Rent: $415
Size: 25.0 acre(s)

Financial Information

Gross Income $276,488
Operating Expense $133,045
Net Operating Income $143,443
Expense Ratio 48.1 %
Debt Info

Lot Information

Singlewide Lots: 62

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0

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