Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 3500989
- Posted On: Aug 10, 2023
- Updated On: Jul 3, 2024
Description
Great long term investment.... 12 Units
- Good cash flow, $95,000.00
- 1 manufactured home is included in sale, Rent is $1,350.00 a month
- Located 90 minutes to NYC
- Easy to operate and manage from far
- Cost Segregation Study will maximize Tax benefits of Mobile Home Park ownership for investor
Location
Kerhonkson, NY ( A Hudson Valley Land lease community )
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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 |