Mobile Home Park Details
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Cap Rate:
6.9%
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Listing ID:
1343749
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Posted On:
Oct 20, 2020
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Updated On:
Sep 10, 2021
Description
This institutional quality manufactured housing community is
located on the outside of the Capital District in NY. It has public
water and sewer available at the entrance of the community. It is
primarily occupied by newer double wides. Has paved roads and is
very well maintained & landscaped. The community is stabilized
with an occupancy rate of over 90%. Land leases are strong with
some upside opportunities. The property has a total of 80 sites. It is also conveniently located next to a manufactured home dealer,
presenting opportunities for new customer acquisition. Also
conveniently located near the expressway.
Location
Colonial Village is located 28 miles from Schenectady, 40 miles
from Albany, 52 miles from Hudson, 53 miles from Saratoga
Springs and 87 miles from Poughkeepsie. It is also located
conveniently next to Walmart and other shopping outlets
Amenities
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Utility Information
| Water: |
Well |
| Water Paid By: |
Park
|
| Sewer: |
Septic |
