Contact Information

Mobile Home Park Details

  • Price: $500,000
  • Cap Rate: 7.8%
  • Property ID: 1588302
  • Posted On: Jan 19, 2022
  • Updated On: Mar 18, 2022

Property Description

* 2 Parcel MHP
* 21 Lots
* Upgraded Water Dist. System Separately Metered for Each Home
* Chlorination Waiver from Tompkins County Dept of Health
* Long Term Residents
* Main Drive Paved in 2020

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Park Information

Number of MH Lots: 21
Total Occupancy: 90.8 %
Year Built: 1970
Size: 6 acre(s)

Financial Information (Actual)

Gross Income $67,680
Operating Expense $22,506
Net Operating Income $38,934
Expense Ratio 33.3 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

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