Contact Information

Mobile Home Park Details

  • Price: $1,295,000
  • Cap Rate: 6.3%
  • Property ID: 1422546
  • Posted On: Apr 13, 2021
  • Updated On: Jul 12, 2021

Property Description

* Premier 55+ Community
* 39 Land leased homes
* Homes on property sell for $130,000+
* Excellent resident group-all over 55+.
* Great community center. Over 2,500 sq. ft. with a library and social center for residents.
* 6 Stall garage that could be rented out for storage.
* Very nice rented stick-built home.
* Paved Roads

Location

Located between Binghamton and Albany NY. Just 78 miles from Saratoga Springs, NY.

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

Park Information

Community Type: 55 And Over
Number of MH Lots: 40
Year Built: 1996
Average MH Lot Rent: $389
Size: 30 acre(s)

Financial Information (Actual)

Gross Income $186,660
Operating Expense $105,280
Net Operating Income $81,380
Expense Ratio 56.4 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

Download Documents

Other Listings by Ire Investment See More

Similar Mobile Home Parks for Sale