Mobile Home Park Details

  • Cap Rate: 11.2%
  • Listing ID: 1948893
  • Posted On: Dec 6, 2022
  • Updated On: Jan 19, 2024

Description

*Fully Occupied
*All Resident Owned Homes
*Great Location
*Ballston Spa Schools
*Located in the Fastest Growing County in the State!
*Well and Septic

Location

*Located Close to Saratoga Springs, Albany and Glens Falls

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Park Information

Number of MH Lots: 13
Total Occupancy: 100.0 %
Year Built: 1970
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $87,960
Operating Expense: $21,274
Net Operating Income: $66,686
Expense Ratio: 24.2 %

Utility Information

Water: Well
Sewer: Septic

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