Mobile Home Park Details

  • Cap Rate: 8.0%
  • Listing ID: 1918132
  • Posted On: Oct 24, 2022
  • Updated On: Sep 18, 2023

Description

*Purchase Price: $1,200,000

*Cap Rate: 8%

*Onsite Manager

*Majority of owners have been there for 10+ years

Location

* Located in Dutchess County New York

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Park Information

Number of MH Lots: 19
Total Occupancy: 94.7 %
Year Built: 1970
Size: 8 acre(s)

Financial Information (Actual)

Gross Income: $170,700
Operating Expense: $65,698
Net Operating Income: $95,966
Expense Ratio: 38.5 %

Utility Information

Water: Well
Sewer: Septic

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