Contact Information
Mobile Home Park Details
- Price: $435,000
- Cap Rate: 6.3% (Actual)
- Listing ID: 6961479
- Posted On: Aug 11, 2025
- Updated On: Aug 11, 2025
Description
Discover the perfect blend of income potential and country living with this unique property in Hannibal. Situated on over 20 secluded acres, this 7-lot mobile home park includes 4 park-owned homes and 3 tenant-owned homes, providing steady rental income from day one. On the other side of the road sits a charming stick-built 3-bedroom, 3.5-bath home featuring a full basement, two-stall garage, and an in-ground pool-ideal for owner-occupancy or as an additional rental unit for even more cash flow. Whether you choose to live in the home and let the park cover your mortgage (and then some), or rent it out for maximum returns, the options are wide open.
Location
Located in Oswego County
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Park Information
Number of MH Lots: | 7 |
Total Occupancy: | 95.0 % |
Size: | 20 acre(s) |
Financial Information (Actual)
Gross Income: | $45,300 |
Operating Expense: | $15,524 |
Net Operating Income: | $27,511 |
Expense Ratio: | 34.3 % |