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 |
