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Norton Street MHP 8 Norton Street, Albany, NY 12205

Off Market  

Mobile Home Park Details

  • Cap Rate: 8.7% (Actual)
  • Listing ID: 3699232
  • Posted On: Sep 18, 2023
  • Updated On: Sep 19, 2023

Description

* 17 Units
* Paved Roads
* City Water and Sewers
* 14 Tenant Owned Homes
* 2 Vacant Homes
* 1 Stick-built Home
* 1.8 Miles from Colonie Center Shopping Mall.

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Park Information

Number of MH Lots: 17
Total Occupancy: 88.8 %
Size: 1 acre(s)

Financial Information (Actual)

Gross Income: $80,400
Operating Expense: $23,527
Net Operating Income: $47,873
Expense Ratio: 29.3 %

Utility Information

Water: City
Sewer: City

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