Contact Information
Mobile Home Park Details
- Price: $425,000
- Cap Rate: 7.7%
- Property ID: 1719626
- Posted On: Jul 25, 2022
- Updated On: Jan 13, 2023
Property Description
*9 Mobile Home Lots
*1 Cottage
*Public Water
*Private Septic (with leech fields) - Septic is in fantastic condition - new septics 5 years ago.
Location
*Glens Falls Metropolitan Area
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Park Information
Number of MH Lots: | 10 |
Total Occupancy: | 93.2 % |
Year Built: | 1970 |
Financial Information (Actual)
Gross Income | $48,000 |
Operating Expense | $11,882 |
Net Operating Income | $32,868 |
Expense Ratio | 24.8 % |
Debt Info |
Utility Information
Water: | City |
Sewer: | Septic |