Mobile Home Park Details

  • Cap Rate: 10.3%
  • Listing ID: 1474566
  • Posted On: Jul 9, 2021
  • Updated On: Nov 15, 2021

Description

​*Cap Rate 10.29%
*23 Sites - 7 Tenant Owned Homes / 8 Park Owned Homes / 8 *Vacant Lots
​*City Maintained Roads - Roads are paved and plowed by the city
*3 Miles from Baseball Hall of Fame - Cooperstown, NY
*​Well Maintained Private Water System
​*Septic System

Location

Oneonta Metro Area. Western New York

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Park Information

Number of MH Lots: 23
Total Occupancy: 74.1 %
Year Built: 1970
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $104,766
Operating Expense: $31,432
Net Operating Income: $46,214
Expense Ratio: 30.0 %

Utility Information

Water: Well
Sewer: Septic

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