Contact Information
Sean Force
Mobile Home Park Details
- Price: $837,000
- Purchase Method: Cash, New Loan
- Listing ID: 3500989
- Posted On: Aug 10, 2023
- Updated On: Apr 15, 2024
Description
Great long term investment.... 12 acres with 12 fully occupied homesites. This property offers an investor great yield. The current owner is looking to move into another investment property with a 1031.
Use a Cost Segregation study to maximize value in the first few years of ownership.
1 home is included in price, all other homes are tenant owned
Location
Kerhonkson, NY ( A Hudson Valley Land lease community )
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 12 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1990 |
| Size: | 12 acre(s) |
Financial Information (Actual)
| Gross Income: | $95,000 |
| Operating Expense: | $30,000 |
| Net Operating Income: | $65,000 |
| Expense Ratio: | 31.6 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
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