Mobile Home Park Details
- Cap Rate: 10.4% (Actual)
- Listing ID: 1572905
- Posted On: Dec 13, 2021
- Updated On: Dec 28, 2023
Description
* Cap Rate 10.43%
* 25 Site Park, 13 Tenant Owned Homes, and 12 Park Owned Homes
* Town Water
* Septic
* Great Location in Warren County - 2 Miles from Queensbury Schools and 3 Miles from West Mountain Ski Resort.
Location
* Warren County. 7 Miles from Lake George Village
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Park Information
| Number of MH Lots: | 25 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $180,720 |
| Operating Expense: | $50,482 |
| Net Operating Income: | $130,238 |
| Expense Ratio: | 27.9 % |
Lot Information
| Singlewide Lots: | 25 |
Utility Information
| Water: | City |
| Sewer: | Septic |
