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Mobile Home Park Details

  • Purchase Method: Assumable Loan
  • Listing ID: 537383
  • Posted On: May 28, 2015
  • Updated On: Feb 28, 2017

Description

Private Financing Available with 10% down. Must close prior to October 30, 2015. Ripley MHP is a 7 unit Manufactured Home Community which is 100% occupied; 12% cap rate; Public Water-billed directly to the Residents; Public Sewers; Professionally Managed and no Park Owned Rental Homes that go with the sale. PRICED TO SELL. The subject property is conveniently at the intersection of Goodrich Street and Burton Avenue in residential setting in the hamlet of Ripley. The hamlet is located within the Town of Ripley, just off Exit 61 of the New York State Thruway (I-90). Ripley MHP is comprised of 7 manufactured home sites. Land improvements consist of gravel driveways off a paved municipal roadway; buried/overhead electric and natural gas. Offering Package Available. This is the park you have been waiting for & will not last!!!

Location

Chautauqua County is located in the area of New York State known as the “Southern Tier.” Ripley MHP is situated in the Town of Ripley. The town was named after Eleazer Wheelock Ripley, a general in the War of 1812. The town is perhaps best known as being the western end of the New York State Thruway “The Gateway to New York State”. The neighborhood is generally defined as residential with “Main Street” businesses located a block to the north and vineyards to the east. The nationally designated scenic byway - The Seaway Trail - follows Route 5 and Lake Erie through the north side of Ripley Township. Along this shoreline in Ripley are vineyards, wineries, golf courses, campgrounds, restaurants and with views of Lake Erie. Ripley MHP is located in the north central part of the Town of Ripley, just 15 miles northeast of the City of Erie, PA and 20 miles northwest of the City of Jamestown. Nearby Chautauqua Lake is a fresh water resource enjoyed by fishermen, boaters and naturalists. Chautauqua Institution is approximately 10 miles away, offering music, theater, educational classes and lectures for 9 weeks during the summer.

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Park Information

Community Type: All Age
Number of MH Lots: 7
Total Occupancy: 100.0 %
Size: 2 acre(s)

Lot Information

Singlewide Lots: 7

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

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