Contact Information

Mobile Home Park Details

  • Price: $5,600,000
  • Property ID: 1051056
  • Posted On: Apr 9, 2019
  • Updated On: Apr 9, 2019

Property Description

Capstone Manufactured Housing is pleased to present the Conklin MHP Portfolio, comprised of two stabilized mobile home communities—Blue Ridge and Pride Manor. Located just 20 minutes south of Binghamton, NY, Conklin is part of Broome county and is included in the Binghamton MSA. The community benefits from proximity to both Syracuse, NY and Scranton, PA via I-81, a major north-south thoroughfare which sees more than 72,000 vehicles daily. The portfolio retains an overall occupancy of 97% and presents an investment opportunity to acquire turn-key cash flowing assets.

Investment Highlights

Scaled Entry into Binghamton MSA
Opportunity to Increase Rental Income Day 1
Proximity to Several Key MSAs
Stabilized Occupancy at Both Properties

**Download Offering Materials: http://capstoneapts.listinglab.com/ConklinMHPPortfolio/index.cfm**

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Park Information

Community Type: All Age
Number of MH Lots: 161
Total Occupancy: 97.0 %
Year Built: 1970
Size: 80.8 acre(s)

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