Contact Information

Mobile Home Park Details

  • Price: $620,000
  • Cap Rate: 9.0%
  • Property ID: 1736765
  • Posted On: Aug 17, 2022
  • Updated On: Jan 19, 2023

Property Description

*Value Add Property

*Seller Financing Available with 40% Down

*Onsite Manager / Water Collector in Place

*Newer Well Replaced Approx. 5 Years Ago

Location

*Close to town. One hour from Albany and one hour from Lake George
*Cambridge is a quaint village located in the foothills of the Adirondack Mountains.

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Park Information

Number of MH Lots: 20
Total Occupancy: 70.0 %
Year Built: 1970
Size: 5 acre(s)

Financial Information (Actual)

Gross Income $100,800
Operating Expense $14,750
Net Operating Income $55,810
Expense Ratio 14.6 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

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