Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.6%
  • Property ID: 1108858
  • Posted On: Jul 18, 2019
  • Updated On: Apr 1, 2020

Property Description

Excellent turn key MHP in Saratoga County!

*All resident owned homes
*Good occupancy with two site left to add value
*Paved roads
*Recent home sales at park
*Strong local median home prices

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Park Information

Community Type: All Age
Number of MH Lots: 25
Total Occupancy: 88.0 %
Year Built: 1965
Average MH Lot Rent: $440
Size: 3 acre(s)

Financial Information

Operating Expense $116
Net Operating Income $67,994
Debt Info

Lot Information

Singlewide Lots: 25

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0

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