Mobile Home Park Details
- Cap Rate: 7.2%
- Listing ID: 3295423
- Posted On: Jul 3, 2023
- Updated On: Feb 6, 2024
Description
All the attributes everyone looks for in a community:
>Municipal water and sewer. Unique in NYS.
>All Tenant Owned Homes
>Clean, quiet, safe, convenient community in suburban setting
>Upside as 4 lots are available of licensed 25
Location
Nice quiet community south of New Hartford NY and just north of Cooperstown and close to University and Hospitals and Resorts.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 25 |
| Total Occupancy: | 84.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $350 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $88,217 |
| Operating Expense: | $41,712 |
| Net Operating Income: | $46,504 |
| Expense Ratio: | 47.3 % |
| Debt Info: | NA |
Lot Information
| Singlewide Lots: | 15 |
| Doublewide Lots: | 6 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
| Average Rent for Park-owned Homes: | $350 |
