Contact Information

Deborah Bush
Fox Farm Road Properties LLC
Photo

Mobile Home Park Details

  • Price: $235,000
  • Purchase Method: Cash
  • Cap Rate: 11.5% (Actual)
  • Listing ID: 6958488
  • Posted On: Aug 5, 2025
  • Updated On: Aug 13, 2025

Description

New development--the park owned unit was returned to the park yesterday and is in rough shape. We have a construction company purchasing the home and renovating it. Now it will be just lot rent like all the other units in the park.
Wonderful park like setting. These homes are not in a line down the road into the park. They are spread throughout the property. The Residents have lots of room to spread out and they are responsible to mow their own lot. It is Municipal water and most of them pay their own water bill. We have Septic and the tanks were pumped out 1 1/2 years ago. Usually we only need to pump every 4-5 years unless there is an issue. There is a park manager on site and he also takes care of the lawn care.
The taxes are better in this park as it is outside of the Village so there is no Village Tax and with only 2.2 acres you are not paying taxes on "potential" sites.
There are 20 sites and 9 are occupied.
Call Debbie 775-848-9639

Location

North Country Park on the main road into Gouverneur. Great for advertising as it is very noticeable as you drive in or out of town

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Park Information

Number of MH Lots: 20
Total Occupancy: 45.0 %
Average MH Lot Rent: $330
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $36,660
Operating Expense: $9,710
Net Operating Income: $39,950
Expense Ratio: 26.5 %
Debt Info: 0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

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