Contact Information

Mobile Home Park Details

  • Price: $110,000
  • Purchase Method: Seller Financing
  • Cap Rate: 0.0%
  • Listing ID: 6094850
  • Posted On: Jun 6, 2024
  • Updated On: Jun 12, 2024

Description

5 acres. the park was 26 lots. we have 3 lots currently renting. park needs redoing. $50,000 down, balance at 6% for 10 years. Call Paul at 607-738-6343 for more info.

Location

7 miles out of watkins Glen, NY. great location for a great opportunity.

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Park Information

Community Type: All Age
Number of MH Lots: 20
Total Occupancy: 10.0 %
Year Built: 1960
Average MH Lot Rent: $300
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $8,500
Operating Expense: $7,500
Net Operating Income: $1,000
Expense Ratio: 88.2 %
Debt Info: none

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 3
Average Rent for Park-owned Homes: $0

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