Mobile Home Park Details

  • Cap Rate: 10.8%
  • Listing ID: 2057737
  • Posted On: Feb 17, 2023
  • Updated On: May 9, 2023

Description

*Seller-Financing Available

*Ability to Expand 20 Additional Pads

*10 total sites

*3.10 Acres

*Cap Rate 10.22%

Location

*Located in the Southern Tier of New York

*10 Miles from the Pennsylvania border

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Park Information

Community Type: All Age
Number of MH Lots: 10
Total Occupancy: 90.0 %
Year Built: 1960
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $54,067
Operating Expense: $14,152
Net Operating Income: $34,508
Expense Ratio: 26.2 %

Utility Information

Water: Well
Sewer: Septic

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