Mobile Home Park Details
- Cap Rate: 7.1%
- Listing ID: 1736765
- Posted On: Aug 17, 2022
- Updated On: Aug 16, 2023
Description
*Value Add Property
*Seller Financing Available with 40% Down. Qualified buyers only with POF. Terms TBD.
*Onsite Manager / Water Collector in Place
*Newer Well Replaced Approx. 5 Years Ago
Location
*Close to town. One hour from Albany and one hour from Lake George
*Cambridge is a quaint village located in the foothills of the Adirondack Mountains.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 20 |
| Total Occupancy: | 70.0 % |
| Year Built: | 1970 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $100,800 |
| Operating Expense: | $26,395 |
| Net Operating Income: | $44,165 |
| Expense Ratio: | 26.2 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
