Contact Information

Mobile Home Park Details

  • Price: $900,000
  • Cap Rate: 7.9%
  • Property ID: 1444385
  • Posted On: May 24, 2021
  • Updated On: Jul 22, 2021

Property Description

* Cap Rate 8.02%
* 42 Site Park
* 33 Tenant Owned Homes
* 9 Vacant Lots
* Well & Septic
* Pole Barn for Additional Rental Income
* 2 Miles from Colgate University

Location

* 2 Miles from Colgate University

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Park Information

Community Type: All Age
Number of MH Lots: 42
Total Occupancy: 75.2 %
Year Built: 1970
Size: 7 acre(s)

Financial Information (Actual)

Gross Income $141,240
Operating Expense $33,959
Net Operating Income $72,181
Expense Ratio 24.0 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

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