Mobile Home Park Details
- Purchase Method: Assumable Loan
- Listing ID: 537381
- Posted On: May 28, 2015
- Updated On: Feb 28, 2017
Description
This is a package of 3 Manufactured Home Communities (Amity Properties, Angelica Mobile Estates and Ripley MHP) for a total price of $749,500. The Price for Amity Properties, if purchased individually, is $456,225 which includes a 5% premium. Amity Properties is 21 Lot Manufactured Home Community which is 100% occupied; 12% cap rate (on Lot Rent only); Public Water-Submetered to the Residents; Professionally Managed and 18 Park Owned Rental Homes. Private Financing. PRICED TO SELL. The subject property is conveniently located along Trianna Street (County Road 48) within the Town of Amity, Allegany County, just to the north of the Village of Belmont. The community is within walking distance of the Genesee Valley Central School Campus and the Cattaraugus-Allegany BOCES. Amity Properties (aka “Belmont”) is comprised of 21 manufactured home sites. Land improvements consist of gravel interior roadways/driveways; buried electric and natural gas. Offering Package Available. This is the parks you have been waiting for….will not last!!!
Location
Allegany County is located in the area of New York State known as the “Southern Tier.” Amity Properties is located in the Town of Amity. The name of the Town means “Friendship.” The subject property, located just to the north of the Village of Belmont, is the Allegany County Seat and the nearest population center and shopping district. The Village of Belmont was originally laid out in 1833 and named Philipsburg in honor of Philip Church. The Village was incorporated on February 1, 1853 as Philipsville, but everything east of the Genesee River, which runs through the Village, was called Miltonville. In 1870 a referendum was held at a local hotel and 70 male voters decided on the name Belmont - from the French "beaumont" meaning "beautiful hills". Amity Properties is conveniently located within walking distance of Genesee Valley Central School Campus and Cattaraugus-Allegany BOCES.
The subject property is conveniently located just off an exit (exit 30) to NYS Route 17 (I-86), a major transportation corridor. Allegany County is serviced by “The Southern Tier Expressway” NYS Route 17 (I-86) which traverses the entire Southern Tier of NY State from Jamestown in the west to Orange County just north of NY City in the east.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 21 |
| Total Occupancy: | 100.0 % |
| Size: | 6 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |