Mobile Home Park Details

  • Cap Rate: 8.0%
  • Listing ID: 1747144
  • Posted On: Aug 31, 2022
  • Updated On: Sep 15, 2022

Description

*19 Sites - 18 Tenant-Owned Homes - 1 Vacant Lot
*8.28 Acres
*On-site Manager
*Majority of owners have been there for 10+ years
*Located 11 Miles from Poughkeepsie New York in Dutchess County

Location

*Located 11 Miles from Poughkeepsie New York in Dutchess County

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Park Information

Number of MH Lots: 19
Total Occupancy: 94.7 %
Year Built: 1970
Size: 8 acre(s)

Financial Information (Actual)

Gross Income: $170,700
Operating Expense: $65,698
Net Operating Income: $95,966
Expense Ratio: 38.5 %

Utility Information

Water: Well
Sewer: Septic

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