Mobile Home Park Details

  • Cap Rate: 8.2%
  • Listing ID: 2269726
  • Posted On: Mar 27, 2023
  • Updated On: Mar 5, 2024


*This mobile home community investment has various strengths:
*The homes are resident (tenant) owned.

*22 Lots

*15 are occupied

*7 empty lots

*Residents pay for lot rent and water usage/sewer fee monthly.

*Room to Add massive value by filling the empty lots!

*Opportunity to fill the vacant lots, boosting the income &


North of Albany, New York

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Park Information

Total Occupancy: 63.6 %
Year Built: 1975
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $92,156
Operating Expense: $29,569
Net Operating Income: $39,071
Expense Ratio: 32.1 %

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

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