Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 3500989
  • Posted On: Aug 10, 2023
  • Updated On: Jul 3, 2024

Description

Great long term investment.... 12 Units
- Good cash flow, $95,000.00
- 1 manufactured home is included in sale, Rent is $1,350.00 a month
- Located 90 minutes to NYC
- Easy to operate and manage from far
- Cost Segregation Study will maximize Tax benefits of Mobile Home Park ownership for investor

Location

Kerhonkson, NY ( A Hudson Valley Land lease community )
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Park Information

Number of MH Lots: 12
Total Occupancy: 100.0 %
Year Built: 1990
Size: 12 acre(s)

Financial Information (Actual)

Gross Income: $95,000
Operating Expense: $30,000
Net Operating Income: $65,000
Expense Ratio: 31.6 %

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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