Mobile Home Park Details

  • Cap Rate: 8.0%
  • Listing ID: 1919444
  • Posted On: Oct 25, 2022
  • Updated On: May 22, 2023

Description

Cap Rate 8.03%

City Water and City Sewer

Every unit is individually metered for Water and Sewer

Paved Roads

30 Units

16 Park Owned Mobile Homes

2 Tenant Owned Mobile Homes

8 Unit Apartment Building

3 Unit Efficiency Apartment Building

1 Single Family Residence

Value Add: 5 Vacant Park Owned Homes to be Rented

Location

Located in Catskill, New York

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Park Information

Number of MH Lots: 30
Total Occupancy: 83.8 %
Year Built: 1970
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $307,392
Operating Expense: $102,718
Net Operating Income: $184,646
Expense Ratio: 33.4 %

Utility Information

Water: City
Sewer: City

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