Contact Information

Mobile Home Park Details

  • Price: $1,240,000
  • Cap Rate: 7.6%
  • Property ID: 1386375
  • Posted On: Jan 29, 2021
  • Updated On: Mar 19, 2021

Property Description

*18 Tenant Owned Homes
*1 Vacant Lot
*8.28 Acres
*10 Septic systems supporting the homes
*2 Onsite Wells
*Arlington Central School District
*Majority of owners have been there for 10+ years
*Ages of the homes vary from original to the park up to 2017
*Contracted park repairs and snow removal by a tenant

Location

Just off Gidley Road. In the town of Pleasant Valley.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 19
Total Occupancy: 94.5 %
Year Built: 1970
Average MH Lot Rent: $746
Size: 8 acre(s)

Financial Information (Actual)

Gross Income $159,220
Operating Expense $58,091
Net Operating Income $94,360
Expense Ratio 36.5 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

Download Documents

Other Listings by Ire Investment See More

Similar Mobile Home Parks for Sale