Contact Information

Mobile Home Park Details

  • Price: $800,000
  • Cap Rate: 7.7%
  • Property ID: 1438613
  • Posted On: May 13, 2021
  • Updated On: Sep 16, 2021

Property 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 %
Debt Info

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

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