Mobile Home Park Details
- Cap Rate: 10.5%
- Listing ID: 1473298
- Posted On: Jul 8, 2021
- Updated On: Sep 23, 2021
Description
* Upside Potential
* Cap Rate 10.46%
* 27 Acres
* 16 Units
* 4 Park-Owned Homes
* 4 Tenant-Owned Homes
Location
Located in Western NY
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Total Occupancy: | 50.0 % |
| Year Built: | 1970 |
| Size: | 27 acre(s) |
Financial Information (Actual)
| Gross Income: | $106,200 |
| Operating Expense: | $18,672 |
| Net Operating Income: | $34,428 |
| Expense Ratio: | 17.6 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
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