Mobile Home Park Details

  • Cap Rate: 11.0%
  • Listing ID: 2022387
  • Posted On: Jan 24, 2023
  • Updated On: Apr 24, 2023

Description

*Listing Price: $199,000
*Cap Rate: 11%
*Public Water System
*Public Sewer System
*3 Total Sites
*All Park-Owned Homes
*Owner Financing Available

Location

*Located in Northern, New York
*40 miles from the State of Vermont
*Less than a mile from Lower Saranac Lake

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Park Information

Total Occupancy: 100.0 %
Year Built: 1970
Size: 0 acre(s)

Financial Information (Actual)

Gross Income: $28,200
Operating Expense: $6,302
Net Operating Income: $21,898
Expense Ratio: 22.3 %

Utility Information

Water: City
Sewer: City

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