Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.5% (Actual)
- Listing ID: 1074133
- Posted On: May 6, 2019
- Updated On: Oct 7, 2020
Description
Dix MHP is an excellent opportunity to purchase a 39 site MHP with city water, 32 sites occupied with tenant owned homes and in a nice location in relation to Glens Falls. The property is well run and cash flows nicely!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 38 |
| Total Occupancy: | 84.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $455 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $176,646 |
| Operating Expense: | $50,200 |
| Net Operating Income: | $126,466 |
| Expense Ratio: | 28.4 % |
Lot Information
| Singlewide Lots: | 38 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
