Contact Information

Mobile Home Park Details

  • Price: $994,500
  • Property ID: 1323712
  • Posted On: Sep 14, 2020
  • Updated On: Sep 14, 2020

Property Description

*Very desirable market for manufactured housing communities in NY!
*16 existing home sites
*10 lot rents from tenant owned homes
*1 park owned home (Model double-wide home, $50,000 value)
*Clubhouse
*5 vacant lots
*Expansion opportunities with approvals, maps & plans for 72 total
home sites.
*Existing park in excellent condition.
*Extremely scenic and visually pleasing property.
*Hudson Valley communities have been performing very strongly.
*Well house upgrade for 6 wells
*70 miles from Tappan Zee Bridge

Location

Hudson Valley, NY Market

Amenities

  • Club House
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Park Information

Community Type: All Age
Number of MH Lots: 16
Total Occupancy: 62.5 %
Year Built: 1990
Average MH Lot Rent: $445
Size: 48 acre(s)

Financial Information (Actual)

Gross Income $44,460
Operating Expense $40,450
Net Operating Income $4,010
Expense Ratio 91.0 %
Debt Info

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: $445

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