Mobile Home Park Details
- Cap Rate: 10.3%
- Listing ID: 1742792
- Posted On: Aug 24, 2022
- Updated On: Aug 16, 2023
Description
*BANK FINANCING LINED UP FOR THIS PROPERTY!
*11 Units in Warrensburg NY
*2 Park-Owned Homes
*9 Tenant-Owned Homes
*Park-Owned Homes Bed/Bath Count is 2Bed/1 Bath
*Landlord Provides Septic, Water, Trash, Common Area Management
*Manager Lives Onsite
Location
*Located in the Glens Falls Metro Area just 10 Miles Away From One Of The Biggest Upstate Attractions: Lake George!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 11 |
| Year Built: | 1970 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $45,540 |
| Operating Expense: | $10,493 |
| Net Operating Income: | $35,047 |
| Expense Ratio: | 23.0 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
