Mobile Home Park Details

  • Cap Rate: 4.0%
  • Listing ID: 1717378
  • Posted On: Jul 21, 2022
  • Updated On: Feb 20, 2024


*103 RV Sites with Full Service - Well Water, Septic, Electric (30 & 50 Amps). Town Water connected to Manager’s Home.

*Includes Club House, Pool, Cabana, and Playground.

*Includes 2002 Park Model and Manager’s Residence in front of the park with Town Water.

**Value add Property

*Pro-Forma based on transitioning park to an all-seasonal RV resort.

*Pro-Forma income is based on a $2,000 seasonal rate (below market) for 100 sites.

*Financials are from 2019


*One Mile from Plattsburgh City Beach on the shores of Lake Champlain with majestic views of the Green Mountains of Vermont.

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Park Information

Year Built: 1970
Size: 43 acre(s)

Financial Information (Actual)

Gross Income: $60,424
Operating Expense: $38,707
Net Operating Income: $21,717
Expense Ratio: 64.1 %

Utility Information

Water: Well
Sewer: Septic

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