Contact Information

Mobile Home Park Details

  • Price: $390,000
  • Cap Rate: 13.7% (Actual)
  • Listing ID: 6206928
  • Posted On: Jun 13, 2024
  • Updated On: Jul 3, 2025

Description

Back on Market with a Fantastic Price reduction! Don't miss out on this one! Welcome to St. Johnsville MHP, a 17 space manufactured housing community with septic and well located in Montgomery county.
In addition to the mobile home park, this deal includes a 2 bed 1 bath single-family Mobile home that sits on its own tax parcel (7979 St. Hwy 5). Pending Releases.
There are Five Park owned homes paying $650 per month. There are 12 Tenant Owned Homes paying $275 per month

Location

- Located in Montgomery County

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 17
Total Occupancy: 100.0 %
Year Built: 1979
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $78,600
Operating Expense: $25,101
Net Operating Income: $53,499
Expense Ratio: 31.9 %

Utility Information

Water: Well
Sewer: Septic

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