Mobile Home Park Details

  • Cap Rate: 10.1%
  • Listing ID: 3535767
  • Posted On: Aug 17, 2023
  • Updated On: Jan 24, 2024

Description

50 Sites
-13 Park-Owned Homes
-6 Tenant-Owned Homes
-29 Vacant Lots
-1 Well System
-1 Storage Building
-Private Well System
-Private Septic System
-Onsite Maintenance
*Responsible for Mowing & Snow Removal

Location

-Located in Western New York
-2 Miles from Town of Arkport
-Located along New York State Route 36
-10 Miles from Greenmount Park

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Park Information

Number of MH Lots: 50
Total Occupancy: 34.0 %
Year Built: 1969
Size: 20 acre(s)

Financial Information (Actual)

Gross Income: $254,646
Operating Expense: $31,429
Net Operating Income: $55,151
Expense Ratio: 12.3 %

Utility Information

Water: Well
Sewer: Septic

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