Mobile Home Park Details
- Cap Rate: 8.7% (Actual)
- Listing ID: 1440420
- Posted On: May 17, 2021
- Updated On: Aug 9, 2021
Description
33 Sites
Town Water & Town Sewer
Paved Roads
Cap Rate 8.73%
All Tenant Owned Homes
2 Homes Being Renovated
1 Vacant Site
Location
Saratoga / Lake George Area
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 33 |
| Total Occupancy: | 89.8 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $425 |
Financial Information (Actual)
| Gross Income: | $168,300 |
| Operating Expense: | $58,689 |
| Net Operating Income: | $92,541 |
| Expense Ratio: | 34.9 % |
Utility Information
| Water: | City |
| Sewer: | City |
