Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 10.2%
- Listing ID: 547512
- Posted On: Jul 15, 2015
- Updated On: Feb 11, 2019
Description
Accord Mobile Home is located on U S Highway 209 in Accord, New
York. The park consists of 14 mobile home sites that are fully rented
and are tenant owned. Included in the sale is a two bedroom home that
is part of the rental stream, bring the total rental units to 15. The water system has been upgraded in the last two years
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Park Information
Community Type: | All Age |
Number of MH Lots: | 14 |
Total Occupancy: | 100.0 % |
Year Built: | 1975 |
Average MH Lot Rent: | $390 |
Size: | 8 acre(s) |
Financial Information (Actual)
Gross Income: | $74 |
Operating Expense: | $25 |
Net Operating Income: | $48 |
Expense Ratio: | 33.8 % |
Lot Information
Singlewide Lots: | 14 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 0 |
Average Rent for Park-owned Homes: | $0 |