Mobile Home Park Details
- Cap Rate: 12.3%
- Listing ID: 1640682
- Posted On: Apr 5, 2022
- Updated On: Sep 6, 2024
Description
* 37 Units, 19 Tenant-Owned Homes/15 Park-Owned Homes/3 Vacant Lots
* 26 Acres
* Utilities: Private Well/Septic Systems
* Also includes a 26'x72' fully finished shop with 3 full size garage doors and bathroom on separate lot
Location
* Finger Lakes Region
* 9 Miles from Auburn, NY (largest city in Cayuga County Pop. 26,866)
* 10 miles from Seneca Falls
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Park Information
| Number of MH Lots: | 37 |
| Total Occupancy: | 94.8 % |
| Size: | 26 acre(s) |
Financial Information (Actual)
| Gross Income: | $240,000 |
| Operating Expense: | $77,937 |
| Net Operating Income: | $149,463 |
| Expense Ratio: | 32.5 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
