Mobile Home Park Details
- Cap Rate: 7.9%
- Listing ID: 1438613
- Posted On: May 13, 2021
- Updated On: Apr 14, 2022
Description
10 Sites of 22 Site Park is Classified as 55+
City Water and City Sewer
Natural Gas in Property
18 Homes are Tenant Owned
Park is in Very Good Condition
Income from Lot 10 Begins on 6-01-2021
Beginning on 8-01-2021 the Park will bill back $280/yr for water use per home.
Located between Rochester and Syracuse, NY
Location
Located between Rochester and Syracuse, NY
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 22 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $101,548 |
| Operating Expense: | $40,092 |
| Net Operating Income: | $61,456 |
| Expense Ratio: | 39.5 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
