Mobile Home Park Details
- Cap Rate: 8.8% (Actual)
- Listing ID: 1457807
- Posted On: Jun 14, 2021
- Updated On: Nov 18, 2021
Description
* Paved Roads
* 20 Acres
* 15 Tenant Owned Home Lot Leases
* 1 Expansion Lot (has water & electric, needs septic)
* 1 Duplex (2 rented units)- See Rent Roll
*There is an adjacent 46 acres with over 2000' of stream frontage available for purchase**
Location
Located in Kingston Metro Area. Only 2 hours from NYC.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 17 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $513 |
| Size: | 20 acre(s) |
Financial Information (Actual)
| Gross Income: | $119,268 |
| Operating Expense: | $52,916 |
| Net Operating Income: | $66,352 |
| Expense Ratio: | 44.4 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
