Contact Information

Mobile Home Park Details

  • Price: $425,000
  • Cap Rate: 10.1%
  • Property ID: 1417982
  • Posted On: Apr 5, 2021
  • Updated On: Sep 17, 2021

Property Description

*Public Water (sub-metered) and Public Sewer
*Paved Roads
*Cap Rate 10.13%
*14 Units - including one-yard rent
*13 Tenant-Owned Homes
*Close to SUNY Cortland

Location

*Close to SUNY Cortland

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Park Information

Number of MH Lots: 14
Year Built: 1974
Size: 1 acre(s)

Financial Information (Actual)

Gross Income $60,900
Operating Expense $17,828
Net Operating Income $43,072
Expense Ratio 29.3 %
Debt Info

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

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