Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 14.6%
- Listing ID: 1499845
- Posted On: Aug 19, 2021
- Updated On: Nov 24, 2021
Description
This trailer park in Erin, NY has 23 sites being rented and has another 18 spaces available. Each trailer is privately owned. Because of this, specific details of each unit are not known and not disclosed. Financial information is available upon request by pre-qualified Buyer. The property has five septic tanks and shares two wells.
Location
Good visibility on a main road. The site is actually 13.82 acres of rolling lawn on three parcels. It has 100% occupancy of the existing homes.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 41 |
| Total Occupancy: | 56.0 % |
| Average MH Lot Rent: | $300 |
| Size: | 14 acre(s) |
Financial Information (Actual)
| Gross Income: | $83,100 |
| Operating Expense: | $24,530 |
| Net Operating Income: | $58,570 |
| Expense Ratio: | 29.5 % |
Lot Information
| Singlewide Lots: | 33 |
| Doublewide Lots: | 8 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
