Contact Information
Mobile Home Park Details
- Price: $1,600,000
- Cap Rate: 11.7% (Actual)
- Listing ID: 6907056
- Posted On: May 27, 2025
- Updated On: May 27, 2025
Description
**Property Highlights:**
* **Total Sites:** 38
* **Occupancy:** 36 occupied | 2 vacant (95% occupancy) (26 POH-10 TOH)
* **Ownership:** Long-term family-owned since the early 1960s
* **Utilities:** Public water & sewer – reducing risk and ongoing maintenance costs
* **Location:** Prime location minutes from major employers and infrastructure
* **Tenant Base:** Stable, long-term residents
Location
A rare opportunity to acquire a **38-site mobile home park** located in **Rome, NY**, just minutes from the new **Chobani yogurt plant** and the **Griffiss Business and Technology Park** (formerly Griffiss Air Force Base).
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 38 |
Total Occupancy: | 100.0 % |
Financial Information (Actual)
Gross Income: | $282,252 |
Operating Expense: | $95,204 |
Net Operating Income: | $187,048 |
Expense Ratio: | 33.7 % |
Utility Information
Water: | City |
Sewer: | City |