Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 57.7%
- Listing ID: 1499847
- Posted On: Aug 19, 2021
- Updated On: Nov 24, 2021
Description
This trailer park in Alpine, NY has 16 sites being rented and has another 5 available. Each trailer is privately owned. Because of this, specific details of each unit are not known and not disclosed. Financial information is available upon request by pre-qualified Buyer. The property has eight septic tanks and shares three wells.
Location
Rural, country setting on 23.79 acres. This is partially wooded with room for my mobile homes to be installed. 100% of the mobile units are occupied.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 21 |
Total Occupancy: | 76.0 % |
Average MH Lot Rent: | $300 |
Size: | 24 acre(s) |
Financial Information (Actual)
Gross Income: | $57,600 |
Operating Expense: | $24,334 |
Net Operating Income: | $33,266 |
Expense Ratio: | 42.2 % |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |