Mobile Home Park Details

  • Cap Rate: 8.8%
  • Listing ID: 1457807
  • Posted On: Jun 14, 2021
  • Updated On: Nov 18, 2021

Description

* Paved Roads
* 20 Acres
* 15 Tenant Owned Home Lot Leases
* 1 Expansion Lot (has water & electric, needs septic)
* 1 Duplex (2 rented units)- See Rent Roll
*There is an adjacent 46 acres with over 2000' of stream frontage available for purchase**

Location

Located in Kingston Metro Area. Only 2 hours from NYC.

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Park Information

Community Type: All Age
Number of MH Lots: 17
Total Occupancy: 100.0 %
Average MH Lot Rent: $513
Size: 20 acre(s)

Financial Information (Actual)

Gross Income: $119,268
Operating Expense: $52,916
Net Operating Income: $66,352
Expense Ratio: 44.4 %

Utility Information

Water: Well
Sewer: Septic

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