Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.8%
- Listing ID: 1112784
- Posted On: Jul 29, 2019
- Updated On: Dec 20, 2019
Description
*Fully occupied
*All resident owned homes
*Great location
*Upside to rents
*Ballston Spa Schools
*Located in fastest growing county in the state
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Park Information
Community Type: | All Age |
Number of MH Lots: | 13 |
Total Occupancy: | 100.0 % |
Year Built: | 1965 |
Average MH Lot Rent: | $440 |
Size: | 4 acre(s) |
Financial Information
Gross Income: | $68,340 |
Operating Expense: | $27,012 |
Net Operating Income: | $41,328 |
Expense Ratio: | 39.5 % |
Lot Information
Singlewide Lots: | 13 |
RV Information
Number of RV Lots: | 0 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |