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).

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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

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