Mobile Home Park Details

  • Price:
  • Purchase Method: Cash
  • Property ID: 979147
  • Posted on Aug 16, 2018

Property Description

*PRICE REDUCTION*

Ledge Rock Mobile Home Community Price: $499,000 Located in the Historic Town of Hyde Park New York. This is a well maintained site that has been managed well over the years

*9 LICENSED LOTS-100% OCCUPIED

*1 Unit is park owned that pays $545 per month (park owned unit and agreements included with sale).

Where the park stands today: Solid and dependable park income with low delinquencies. This is a CASH COW opportunity!

2017 Lot Income was $520 Per Month 2017 GOI *Actual $62,061.00 *

2018 Lot Income $555 Per Month 2018 Projected GOI $66,480.00

*Park Expense Breakdown are available upon request.*

What My Client/Seller is looking for? *If you cannot prove you have cash of at least the 25% down that most lenders require then do not inquire. I will not allow the community to be tied up for non performing buyers. Unless you are paying cash please be prepared to provide evidence of your ability to purchase which includes: available cash, credit report, and/or experience purchasing multifamily properties.

What type of purchase will be accepted? *Owner Preference is Cash but is open to hear other offers.

Key points: Reasons this is an attractive purchase: *Part of very stable major metro area *Great demand. *Low maintenance *Turn Key CASH FLOW

Please, let's work to knock out your due diligence items quickly. I realize some investors want to renegotiate during due diligence as a strategy. With all do respect, let’s get your big due diligence questions out of the way up front.

Contact For more Details:
Kyle W. Zeyher
Phone- (845)797-6097
Email- RE.ClearPearl@gmail.com

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 9
Total Occupancy: 100.0 %
Average MH Lot Rent: $555
Size: 2.3 acre(s)

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