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Address is 1661 Trumansburg Rd Ithaca, NY 14850

Linda Santos


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Washington Heights Mobile Home Park

Mobile Home Park for Sale in Ithaca, New York

1661 Trumansburg Rd
Ithaca, NY 14850

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Mobile Home Park for Sale

Development Land This is land for developing a mobile home park
Number of MH Lots: 18
Size: 7 acre(s)
Purchase Method: Cash, Seller Financing, New Loan
Status: Sold
Property ID: 15435
Posted on: Aug 17, 2010
Updated on: Jun 19, 2013

Property Description

PRICE REDUCED - OWNER MOTIVATED - Great tenants and property in PRIME ITHACA/TRUMANSBURG location, on Rt. 96. Only one vacant pad left! Municipal water, tenants pay. All utilities separately metered, with septic and operating permits up to date. Beautiful park-like setting with plenty of breathing room between units. By far the best park location in the area, just 5 minutes to the hospital, 10 minutes to Ithaca or Trumansburg. Units are all renovated or newer, 11 owned and convey with sale, 6 on pad rentals. Room for expansion at north end. You will not regret this investment - call today!!

Call listing agent Linda Santos 607-227-6062 for details.

Location Description

On a beautiful shady lot, with homes nicely spaced, plenty of parking, decks on most of the homes, and room to breathe.

Park Information

Number of MH Lots:18
Total Occupancy:100.0%
Average MH Lot Rent: $350
Size:7.0 acre(s)

Financial Information (Actual)

Gross Income$105
Operating Expense$47
Expense Ratio 44.8%
Debt InfoSchedule E

Lot Information

Singlewide Lots:18

Utility Information

Water Paid By: Tenant - Submetered

Park-Owned Homes

Number of Park-owned Homes:11
Average Rent for Park-owned Homes: $600

Zip codes in Ithaca, NY

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