Mobile Home Park Details

Cap Rate: 12.2%
Listing ID: 13881
Rockbridge Realty Group, Inc. ID: p4sale/PDF Files/Flyer - Exclusive Offering Aurora 1415000.pdf
Posted On: Jun 23, 2010
Updated On: Feb 28, 2017

Description

Price Reduced by $135,000. Originally, listed at $1,550,000- New Price $1,415,000. Seller may consider carrying a second mortgage. 12.2% Cap Rate. Only 1 Vacant Lot. Strong Rental Market. The property is improved by an established 51-pad Manufactured Housing Community; a stick built Single Family House; a stick built Two-Family House; and various outbuildings, together known as Aurora Community. Ease of ownership. Call for details. This one will not last.

Location

Erie County is located along the western border of NY State and on the eastern shores of Lake Erie. Aurora Community, in the Town of Aurora (2000 census population-13,996), is located ~3 miles northwest of the Village of East Aurora which is the nearest population center and shopping district. The Town of Aurora is one of the "Southtowns of Erie County and is also erroneously called East Aurora, the name of its principal village. The town is centrally located in the county, southeast of Buffalo. Located within Erie County is the City of Buffalo which is ~15 miles to the northwest. Buffalo, the second largest city in the State of NY, is the principal city of the Buffalo-Niagara Falls metropolitan area and serves as the county seat.

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