Mobile Home Park Details

  • Cap Rate: 9.5%
  • Listing ID: 3230176
  • Posted On: Jun 26, 2023
  • Updated On: Dec 22, 2023

Description

Three Park Portfolio
-2588 US RT.11 PARISH NY 13131 26/30 Lots Rented
14 Park Owned Homes
-1580 ST. RT 69 PARISH NY 13131
11/19 Lots Rented
6 Park Owned Homes
-207 CROSBY RD PARISH NY 13131 20/40 Lots Rented
5 Park Owned Homes

Syracuse Metro Area
-Median Home Price: $124,400 -Population: 659,262
-20 Min from Oneida Lake -30 Min from Lake Ontario

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Park Information

Total Occupancy: 78.9 %
Size: 70 acre(s)

Financial Information (Actual)

Gross Income: $382,140
Operating Expense: $126,240
Net Operating Income: $255,900
Expense Ratio: 33.0 %

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