Contact Information

Mobile Home Park Details

  • Price: $1,495,000
  • Cap Rate: 9.0%
  • Property ID: 1640682
  • Posted On: Apr 5, 2022
  • Updated On: Jun 24, 2022

Property Description

* 37 Units, 22 Tenant-Owned Homes/14 Park-Owned Homes/
1 Vacant Lot
* 26 Acres
* Utilities: Private Well/Septic Systems/Town Water at the road
* 9 Miles from Auburn, NY (largest city in Cayuga County Pop.
26,866) and 10 miles from Seneca Falls

Location

* Finger Lakes region

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Park Information

Total Occupancy: 94.5 %
Year Built: 1970
Size: 26 acre(s)

Financial Information (Actual)

Gross Income $210,756
Operating Expense $65,105
Net Operating Income $134,851
Expense Ratio 30.9 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 14

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