Mobile Home Park Details
- Purchase Method: Seller Financing
- Cap Rate: 0.0%
- Listing ID: 6094850
- Posted On: Jun 6, 2024
- Updated On: Aug 15, 2024
Description
5 acres. the park was 26 lots. we have 3 lots currently renting. park needs redoing. $50,000 down, balance at 6% for 10 years. Call Paul at 607-738-6343 for more info.
Location
7 miles out of watkins Glen, NY. great location for a great opportunity.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 20 |
| Total Occupancy: | 10.0 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $300 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $8,500 |
| Operating Expense: | $7,500 |
| Net Operating Income: | $1,000 |
| Expense Ratio: | 88.2 % |
| Debt Info: | none |
Lot Information
| Singlewide Lots: | 20 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 3 |
| Average Rent for Park-owned Homes: | $0 |