Contact Information
Mobile Home Park Details
- Price: $2,300,000
- Cap Rate: 8.0%
- Property ID: 1919444
- Posted On: Oct 25, 2022
- Updated On: Oct 25, 2022
Property Description
Cap Rate 8.03%
City Water and City Sewer
Every unit is individually metered for Water and Sewer
Paved Roads
30 Units
16 Park Owned Mobile Homes
2 Tenant Owned Mobile Homes
8 Unit Apartment Building
3 Unit Efficiency Apartment Building
1 Single Family Residence
Value Add: 5 Vacant Park Owned Homes to be Rented
Location
Located in Catskill, New York
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 30 |
| Total Occupancy: | 83.8 % |
| Year Built: | 1970 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income | $307,392 |
| Operating Expense | $102,718 |
| Net Operating Income | $184,646 |
| Expense Ratio | 33.4 % |
| Debt Info |
Utility Information
| Water: | City |
| Sewer: | City |
