Mobile Home Park Details

  • Cap Rate: 8.7%
  • Listing ID: 1440420
  • Posted On: May 17, 2021
  • Updated On: Aug 9, 2021

Description

33 Sites
Town Water & Town Sewer
Paved Roads
Cap Rate 8.73%
All Tenant Owned Homes
2 Homes Being Renovated
1 Vacant Site

Location

Saratoga / Lake George Area

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Park Information

Community Type: All Age
Number of MH Lots: 33
Total Occupancy: 89.8 %
Year Built: 1970
Average MH Lot Rent: $425

Financial Information (Actual)

Gross Income: $168,300
Operating Expense: $58,689
Net Operating Income: $92,541
Expense Ratio: 34.9 %

Utility Information

Water: City
Sewer: City

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