Mobile Home Park Details

  • Cap Rate: 17.8%
  • Listing ID: 2029350
  • Posted On: Feb 3, 2023
  • Updated On: Aug 22, 2023

Description

* Cap Rate 17.75%

* 11 Lots

* Potential of 13 Units in Total

* 11 Current Units on the Park

* 9 Park-Owned Homes

* 2 Tenant-Owned Homes

Location

* Located in Western New York

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Park Information

Total Occupancy: 93.5 %
Year Built: 1970
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $85,920
Operating Expense: $28,231
Net Operating Income: $57,689
Expense Ratio: 32.9 %

Utility Information

Water: Well
Sewer: Septic

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