Mobile Home Park Details
- Cap Rate: 10.0%
- Listing ID: 1411872
- Posted On: Mar 23, 2021
- Updated On: Oct 19, 2021
Description
* City Water and City Sewer at the property
* Water and Sewer are billed back to the residents
* 29 Sites
* Cap Rate 10.01%
* Long-term on-site property manager
*17 Acres
Location
Located east of Cooperstown & sourth of Albany
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Park Information
| Number of MH Lots: | 29 |
| Total Occupancy: | 90.7 % |
| Year Built: | 1970 |
| Size: | 17 acre(s) |
Financial Information (Actual)
| Gross Income: | $150,264 |
| Operating Expense: | $50,458 |
| Net Operating Income: | $91,896 |
| Expense Ratio: | 33.6 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
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