Mobile Home Park Details
- Cap Rate: 10.0% (Actual)
- Listing ID: 3818531
- Posted On: Oct 12, 2023
- Updated On: Jan 8, 2024
Description
This property is a wonderful opportunity for a newer investor or a seasoned investor with both a few apartment rental units and five mobile homes, with the great metro area of New York- Newark-Jersey City.
The property has 9 Units
Five Mobile Home Units
Four Apartment Units
Private Water System and Private Septic , both extremely well maintained
Location
-Located just a short drive from Poughkeepsie , New York (just 23 miles away)
-Dutchess County Boasts 295,685 people
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 9 |
| Total Occupancy: | 100.0 % |
Financial Information (Actual)
| Gross Income: | $95,394 |
| Operating Expense: | $21,334 |
| Net Operating Income: | $74,060 |
| Expense Ratio: | 22.4 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
