Contact Information

Mobile Home Park Details

  • Price: $425,000
  • Cap Rate: 9.4%
  • Property ID: 1383098
  • Posted On: Jan 22, 2021
  • Updated On: Feb 18, 2021

Property Description

* 19 Units

* 11 Tenant-Owned Homes

* 5 Park-Owned Homes

*2 Stick-built Homes on separate Tax Maps

* City Water, City Sewer and Natural Gas

* Over 2 Acres

* Paved Roads

* Cap Rate 9.42%

Location

* Western New York

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Park Information

Community Type: All Age
Number of MH Lots: 19
Total Occupancy: 92.9 %
Year Built: 1970
Size: 2 acre(s)

Financial Information (Actual)

Gross Income $84,432
Operating Expense $38,382
Net Operating Income $40,050
Expense Ratio 45.5 %
Debt Info

Utility Information

Water: City
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 5

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