Contact Information
Mobile Home Park Details
- Price: $425,000
- Cap Rate: 20.6% (Actual)
- Listing ID: 6961460
- Posted On: Aug 11, 2025
- Updated On: Sep 25, 2025
Description
- Now offering Richfield Springs MHP Portfolio, 15 Mobile Homes, 1 Empty Mobile Home Lot (at 41 Center Street) and One Stick Built Home.
- Parcel Cluster #1-4:SBL:(41/42 Center St. and 27&36 Bronner St.- Richfield springs NY, )Has 13 homes in the village with their own PO Boxes, and Municipal Water/Sewer. There is also a single family( home included in this section of the Community(Currently Rented). The park in town has public water and public sewer. All 13, including the SF home(27 Bronner St. SBL:365601 25.05-2-57.00), are Park Owned and are Fully rented.
- Parcel #5: 2608 Us Highway 20 Richfield Springs,SBL:365689 12.00-1-9.22) 4 Homes, Each has its OWN individual septic system. One well supplies all 4 homes. Each Home is Park Owned and is Fully rented.
Location
- This portfolio is located in Otsego County. Each of the parcels are located within 3 miles of each other.
Park Information
| Number of MH Lots: | 17 |
| Total Occupancy: | 80.0 % |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $130,620 |
| Operating Expense: | $31,292 |
| Net Operating Income: | $87,424 |
| Expense Ratio: | 24.0 % |
