Mobile Home Park Details

Purchase Method: Cash, Seller Financing
Listing ID: 159600
Posted On: May 9, 2012
Updated On: Feb 28, 2017

Description

Drastic Price Reduction- Was listed at $795,000 ($8,900/lot).....NOW $709,000 ($7,900/lot) with Public Water. Note: Recent Comparable Sale ~5 miles to East sold at over $15,000/lot on Well Water. Rare Investment opportunity to acquire a large Manufactured Home Community (89 Lots) within Central NY State. Currently owned by an out-of-state owner and PRICED TO SELL. Mix of Single Wides and Double Wides. Great UPSIDE. Offering Package upon request upon completion of attached Confidentialty Agreement. This one will not last.

Public Water and Natural Gas
Community Playground
Huge Upside
Paved Interior Roads- Maintained by Municipality
Below Market Rents
Easy Commute to the City of Syracuse

Location

SE MHP is located along US Route 5 in the Town of Brutus (Cayuga County) approximately 7 miles east of the City of Auburn's commercial district. The City of Syracuse, ~15-20 miles to the east, is the fifth largest city in the NY State. Syracuse is the principal city serving the central NY State metropolitan area and its airport is the largest in the region. SE MHC is within ~5 miles of an interchange to the NYS Thruway.

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