Mobile Home Park Details
- Cap Rate: 7.8% (Actual)
- Listing ID: 6769598
- Posted On: Nov 14, 2024
- Updated On: May 12, 2025
Description
* 120 sites (98 Tenant Owned Homes, 1 Stick Built Home, 2 Park Owned Homes, 19 Vacant Lots)
* Town Water and Sewer
* Paved Roads
* Across from Lowe's
* 5 Miles from downtown Binghamton
* 3 Miles from Binghamton University
Location
* Located in Broome County
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Park Information
| Number of MH Lots: | 120 |
| Total Occupancy: | 84.9 % |
| Size: | 21 acre(s) |
Financial Information (Actual)
| Gross Income: | $617,680 |
| Operating Expense: | $212,059 |
| Net Operating Income: | $312,141 |
| Expense Ratio: | 34.3 % |
Utility Information
| Water: | City |
| Sewer: | City |
