Mobile Home Park Details

  • Cap Rate: 11.0%
  • Listing ID: 1629228
  • Posted On: Mar 22, 2022
  • Updated On: Jun 15, 2022

Description

10 Units
Cap Rate 11%
Public Water
Public Sewer
Municipality provided electric

Location

On Main Street in Tupper Lake.

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Park Information

Number of MH Lots: 10
Total Occupancy: 72.7 %
Year Built: 1970

Financial Information (Actual)

Gross Income: $50,700
Operating Expense: $10,900
Net Operating Income: $25,958
Expense Ratio: 21.5 %

Utility Information

Water: City
Sewer: City

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