Contact Information
Mobile Home Park Details
- Price: $2,195,000
- Cap Rate: 9.0% (Actual)
- Listing ID: 6957344
- Posted On: Aug 4, 2025
- Updated On: Aug 4, 2025
Description
- This two-park portfolio of 63 tenant-owned homes, boasting a full occupancy rate of 100% is a prime investment opportunity that promises a steady and reliable return on investment. This property is minutes to the picturesque Sacandaga Lake and 26 miles from vibrant Saratoga Springs, NY.
- Valley Estates (20 sites) is located at 1344 County Highway 107 in the town of Fort Johnson and is 2.2 miles down the road from Deerfield Estates (43 sites). Both parks have well water. Valley Estates has Septic while Deerfield has a waste water treatment plant.
- Preliminary plans in place for additional 22 lots on vacant land next to Deerfield Estates.
Location
- Located in Fulton County
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Park Information
| Number of MH Lots: | 63 |
| Total Occupancy: | 100.0 % |
| Size: | 25 acre(s) |
Financial Information (Actual)
| Gross Income: | $356,880 |
| Operating Expense: | $159,219 |
| Net Operating Income: | $197,661 |
| Expense Ratio: | 44.6 % |
Utility Information
| Water: | Well |
