Contact Information

Richard Nicholson
ADK Park Properties

Mobile Home Park Details

  • Price: Call for Price
  • Cap Rate: 16.0%
  • Listing ID: 6953910
  • Posted On: Jul 30, 2025
  • Updated On: Jul 30, 2025

Description

For sale in The Adirondack Park, 5 miles from Lake George. We have decided to offer our mobile home park for sale. This is not your run-of-the-mill park. This resembles a state park. Nestled on 5 acres with a Runningbrook, large, lots, large shade trees and evergreens, total peace, and quiet and plenty of room for gardening. Private roads for children to ride bikes and common area to play. Property borders a recreation field for sports and private gatherings. Walk to a nearby river to fish and canoe. One large lodge/3 bedroom home with a full basement on 1/2 acre valued at $250,000. One year-round cabin. Seven park owned homes totally renovated valued at $405,000-$485,000 if you choose to market them for sale. 2 tenant owned homes that pay lot rent. Also included in the purchase is a permit to add another mobile home. 14’x70 3 bedroom home comes with the park. Currently used to store essentials. Possible building lot with water, electric and cable available if interested, adjacent to the park. Currently the park homes are mostly professional people and elderly. Live in the big house and never leave the property for work. Cap rate of 16% plus. Contact the owner if interested at ADK Park properties @gmail.com

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Park Information

Community Type: All Age
Total Occupancy: 90.0 %

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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