Contact Information
Mobile Home Park Details
- Price: $1,400,000
- Cap Rate: 8.1%
- Property ID: 1889721
- Posted On: Sep 19, 2022
- Updated On: Sep 19, 2022
Property Description
36 Lots On 9.3 Recently Surveyed Acres
14 Park-Owned Single Wide Homes
1 Single Family (4 Bed) Stick-Built Brick Home with Garage & 1 Single Family (1 Bed) Stick-Built Home
16 Vacant Lots (Full Services at Sites - One Pad Already Poured)
Well and Septic
Location
Located 19 Miles From Binghamton Just Off State Route 88
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 36 |
Total Occupancy: | 73.3 % |
Year Built: | 1970 |
Size: | 9 acre(s) |
Financial Information (Actual)
Gross Income | $211,980 |
Operating Expense | $42,510 |
Net Operating Income | $112,830 |
Expense Ratio | 20.1 % |
Debt Info |
Utility Information
Water: | Well |
Sewer: | Septic |