Mobile Home Park Details
- Cap Rate: 10.0%
- Listing ID: 2031469
- Posted On: Feb 8, 2023
- Updated On: May 1, 2023
Description
*3 mobile homes. (1 Park-Owned $750 and 2 Tenant-Owned - $425 and $450)
*Well and Septic
*Town water and sewer at road
*Saratoga County
*Units are leased and/ or owned currently. A prime investment
opportunity. Option for redevelopment if the new owner would
like to continue in that vein.
*Located right off NY State Rt 32 with high visibility.
*Short drive to Harry J Betar Jr Recreational Park. Approximately 7
to 10 minutes away.
*Short drive to Glens Falls Hospital.
Location
*Saratoga County
*Short drive to Harry J Betar Jr Recreational Park. Approximately 7
to 10 minutes away.
*Short drive to Glens Falls Hospital.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 3 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1970 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $19,500 |
| Operating Expense: | $6,191 |
| Net Operating Income: | $13,309 |
| Expense Ratio: | 31.7 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
