Mobile Home Park Details

  • Cap Rate: 6.7%
  • Property ID: 1323712
  • Posted On: Sep 14, 2020
  • Updated On: Apr 30, 2021

Property Description

*Very desirable market for manufactured housing communities in NY!
*16 existing home sites
*7 lot rents from tenant owned homes
*4 park owned homes
*5 vacant lots
*Expansion opportunities with approvals & 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.
*70 miles from Tappan Zee Bridge


Hudson Valley, NY Market


  • Club House
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Park Information

Community Type: All Age
Number of MH Lots: 16
Total Occupancy: 51.0 %
Year Built: 1990
Average MH Lot Rent: $361
Size: 48 acre(s)

Financial Information (Actual)

Gross Income $145,840
Operating Expense $43,399
Net Operating Income $65,121
Expense Ratio 29.8 %
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: 4

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