Mobile Home Park Details
- Cap Rate: 10.6%
- Listing ID: 1717024
- Posted On: Jul 19, 2022
- Updated On: Sep 1, 2023
Description
19 Total Units
1 Stick Built Home
Cap Rate 10.93%
Opportunity to Expand with Additional Acreage on the Property
Location
*Only 20 Minutes to Binghamton
*Only One Hour Drive to Oneonta
*Two Hours to Albany
*Only 30 Miles to the State Border
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 19 |
Year Built: | 1970 |
Size: | 11 acre(s) |
Financial Information (Actual)
Gross Income: | $104,760 |
Operating Expense: | $28,274 |
Net Operating Income: | $76,486 |
Expense Ratio: | 27.0 % |
Utility Information
Water: | Well |
Sewer: | Septic |