Mobile Home Park Details
- Cap Rate: 10.1% (Actual)
- Listing ID: 3535767
- Posted On: Aug 17, 2023
- Updated On: Jan 24, 2024
Description
50 Sites
-13 Park-Owned Homes
-6 Tenant-Owned Homes
-29 Vacant Lots
-1 Well System
-1 Storage Building
-Private Well System
-Private Septic System
-Onsite Maintenance
*Responsible for Mowing & Snow Removal
Location
-Located in Western New York
-2 Miles from Town of Arkport
-Located along New York State Route 36
-10 Miles from Greenmount Park
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Park Information
| Number of MH Lots: | 50 |
| Total Occupancy: | 34.0 % |
| Year Built: | 1969 |
| Size: | 20 acre(s) |
Financial Information (Actual)
| Gross Income: | $254,646 |
| Operating Expense: | $31,429 |
| Net Operating Income: | $55,151 |
| Expense Ratio: | 12.3 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
