Contact Information
Mobile Home Park Details
- Price: $1,100,000
- Cap Rate: 9.8%
- Listing ID: 1889721
- Posted On: Sep 19, 2022
- Updated On: Jul 22, 2024
Description
- 36 Lots On 9.3 Recently Surveyed Acres
- 3 Tenant-Owned Homes
- 15 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: | 73.4 % |
| Year Built: | 1970 |
| Size: | 9 acre(s) |
Financial Information (Actual)
| Gross Income: | $223,620 |
| Operating Expense: | $56,748 |
| Net Operating Income: | $107,352 |
| Expense Ratio: | 25.4 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
