Mobile Home Park Details
- Cap Rate: 11.6%
- Listing ID: 1959691
- Posted On: Dec 21, 2022
- Updated On: Apr 21, 2023
Description
*Opportunity to fill up the vacant lots and potentially expand with almost 10 acres of land
*25 Lots
*14 Occupied
*12 Tenant Owned Homes
*2 Park Owned Homes
*Well and Septic Tanks
*Town is going to be running public water lines to the street
*New water lines have been put in the property- 240psi blue plastic pipe & copper fittings just need to be hooked up to the individual trailers.
*Opportunity to fill up the vacant lots and potentially expand with almost 10 acres of land
Location
Located in Western New York
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 25 |
| Year Built: | 1970 |
| Size: | 10 acre(s) |
Financial Information (Actual)
| Gross Income: | $52,380 |
| Operating Expense: | $18,333 |
| Net Operating Income: | $34,047 |
| Expense Ratio: | 35.0 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
