Mobile Home Park Details

  • Cap Rate: 10.0%
  • Listing ID: 3818531
  • Posted On: Oct 12, 2023
  • Updated On: Jan 8, 2024

Description

This property is a wonderful opportunity for a newer investor or a seasoned investor with both a few apartment rental units and five mobile homes, with the great metro area of New York- Newark-Jersey City.
The property has 9 Units
Five Mobile Home Units
Four Apartment Units

Private Water System and Private Septic , both extremely well maintained

Location

-Located just a short drive from Poughkeepsie , New York (just 23 miles away)
-Dutchess County Boasts 295,685 people

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 9
Total Occupancy: 100.0 %

Financial Information (Actual)

Gross Income: $95,394
Operating Expense: $21,334
Net Operating Income: $74,060
Expense Ratio: 22.4 %

Utility Information

Water: Well
Sewer: Septic

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