Contact Information

Mobile Home Park Details

  • Price: $700,000
  • Cap Rate: 10.6%
  • Property ID: 1717024
  • Posted On: Jul 19, 2022
  • Updated On: Oct 3, 2022

Property Description

19 Total Units

1 Stick Built Home

Cap Rate 10.93%

Opportunity to Expand with Additional Acreage on the Property

Location

*Only 20 Minutes to Binghamton
*Only One Hour Drive to Oneonta
*Two Hours to Albany
*Only 30 Miles to the State Border

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Park Information

Number of MH Lots: 19
Year Built: 1970
Size: 11 acre(s)

Financial Information (Actual)

Gross Income $104,760
Operating Expense $28,274
Net Operating Income $76,486
Expense Ratio 27.0 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

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