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
Description
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.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
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 |
