Contact Information
Mobile Home Park Details
- Price: $625,000
- Cap Rate: 10.3% (Actual)
- Listing ID: 6997650
- Posted On: Dec 11, 2025
- Updated On: Dec 11, 2025
Description
Prime Investment Opportunity: Nestled in close proximity to the cutting-edge Micron chip plant development, this multi-family property at 42 Island Rd offers an unparalleled chance to capitalize on the burgeoning tech industry boom. The strategic location ensures a promising return on investment for savvy buyers looking to tap into the potential growth and prosperity of the area.
Endless Expansion Potential: With the opportunity to double the park size, this property presents a lucrative prospect for investors with a vision for development. Whether you're an experienced developer or a newcomer to the real estate market, the chance to expand and enhance the property's value is within reach, promising substantial returns in the long run.
Lucrative Rental Income: Boasting six tenant-owned homes generating a steady income of $381 per month each, this property offers a hassle-free investment opportunity with rent-to-own options. The ease of management provided by these arrangements, coupled with an on-site manager overseeing water treatment and testing, ensures a smooth and profitable investment experience for discerning buyers.
Location
Located in Oswego County
Park Information
| Number of MH Lots: | 11 |
| Total Occupancy: | 98.0 % |
| Size: | 7 acre(s) |
Financial Information (Actual)
| Gross Income: | $79,152 |
| Operating Expense: | $14,821 |
| Net Operating Income: | $64,331 |
| Expense Ratio: | 18.7 % |