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

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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

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