Mobile Home Park Details
- Cap Rate: 8.0% (Actual)
- Listing ID: 1919444
- Posted On: Oct 25, 2022
- Updated On: May 22, 2023
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
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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 % |
Utility Information
| Water: | City |
| Sewer: | City |
