Mobile Home Park Details
- Cap Rate: 12.2%
- Listing ID: 3794917
- Posted On: Oct 6, 2023
- Updated On: Jan 2, 2024
Description
Prime Location with a Public Sewer System: Discover the perfect investment opportunity at 209 George LaPan Memorial Highway, Rte 3. This multi-family property boasts a prime location, coupled with the convenience of a public sewer system. Say goodbye to the headaches of septic tanks and hello to hassle-free maintenance. With this property, you can focus on what really matters - maximizing your ROI and enjoying the benefits of a reliable infrastructure. Don't miss out on this golden opportunity to invest in a property that combines location, convenience, and profitability.
3 Total Sites
-3 Park-Owned Homes
Seller-Financing Available
Public Water System & Sewer System
Location
Located in Northern, NY
40 miles from State of Vermont
Less than a mile from Lower Saranac Lake
Park Information
| Number of MH Lots: | 3 |
| Total Occupancy: | 100.0 % |
| Size: | 0 acre(s) |
Financial Information (Actual)
| Gross Income: | $28,200 |
| Operating Expense: | $6,302 |
| Net Operating Income: | $21,898 |
| Expense Ratio: | 22.3 % |
Utility Information
| Water: | City |
| Sewer: | City |
