Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 12.9%
  • Listing ID: 1461769
  • Posted On: Jun 20, 2021
  • Updated On: Feb 10, 2024


Peacefully located near the Susquehanna River in Harpursville NY.
Close to NY state routes 86 and 88. Close proximity to Binghamton and Tri City area. 25 lot park with potential growth.

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Park Information

Community Type: All Age
Number of MH Lots: 25
Total Occupancy: 60.0 %
Year Built: 19551987
Average MH Lot Rent: $275
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $91,260
Operating Expense: $27,500
Net Operating Income: $63,760
Expense Ratio: 30.1 %

Lot Information

Singlewide Lots: 25

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 14
Average Rent for Park-owned Homes: $575

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