Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 10.2%
  • Listing ID: 547512
  • Posted On: Jul 15, 2015
  • Updated On: Feb 11, 2019

Description

Accord Mobile Home is located on U S Highway 209 in Accord, New
York. The park consists of 14 mobile home sites that are fully rented
and are tenant owned. Included in the sale is a two bedroom home that
is part of the rental stream, bring the total rental units to 15. The water system has been upgraded in the last two years

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Park Information

Community Type: All Age
Number of MH Lots: 14
Total Occupancy: 100.0 %
Year Built: 1975
Average MH Lot Rent: $390
Size: 8 acre(s)

Financial Information (Actual)

Gross Income: $74
Operating Expense: $25
Net Operating Income: $48
Expense Ratio: 33.8 %

Lot Information

Singlewide Lots: 14

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $0

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