Contact Information
Mobile Home Park Details
- Price: $414,900
- Cap Rate: 10.4%
- Property ID: 1417982
- Posted On: Apr 5, 2021
- Updated On: Dec 19, 2022
Property Description
*Public Water (sub-metered) and Public Sewer
*Each Home is Sub-Metered but Owner Does Not Collect For Water
Usage
*Paved Roads
*Cap Rate 10.26%
*14 Units - including one-yard rent
*13 Tenant-Owned Homes
Location
*Close to Cortland University
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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 |
