Mobile Home Park Details
- Cap Rate: 8.0% (Actual)
- Listing ID: 1918132
- Posted On: Oct 24, 2022
- Updated On: Sep 18, 2023
Description
*Purchase Price: $1,200,000
*Cap Rate: 8%
*Onsite Manager
*Majority of owners have been there for 10+ years
Location
* Located in Dutchess County New York
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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 |
