Mobile Home Park Details
- Cap Rate: 10.6%
- Listing ID: 1481106
- Posted On: Jul 20, 2021
- Updated On: Mar 21, 2022
Description
* Cap Rate 10.63%
* 9 Units
* Five Mobile Home Units
* Four Apartment Units
* Private Water System, extremely well maintained
* Private Septic, extremely well maintained
Location
Located just a short drive from Poughkeepsie, New York (just 23 miles away)
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Park Information
| Number of MH Lots: | 5 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
Financial Information (Actual)
| Gross Income: | $88,000 |
| Operating Expense: | $19,524 |
| Net Operating Income: | $68,476 |
| Expense Ratio: | 22.2 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
