Mobile Home Park Details
- Cap Rate: 9.4% (Actual)
- Listing ID: 1263285
- Posted On: May 31, 2020
- Updated On: Dec 16, 2020
Description
Nice property in a good market in NY. Nice homes in property, recent renovations and great property lay out!
Location
Hudson Valley NY Market
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Total Occupancy: | 95.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $510 |
| Size: | 20 acre(s) |
Financial Information (Actual)
| Gross Income: | $116,157 |
| Operating Expense: | $47,157 |
| Net Operating Income: | $69,000 |
| Expense Ratio: | 40.6 % |
Lot Information
| Doublewide Lots: | 16 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $2,200 |
