Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Cap Rate: 0.0%
  • Listing ID: 6095301
  • Posted On: Jun 6, 2024
  • Updated On: Jun 6, 2024

Description

6 acres. boarders the river. 4 trailers all rented. 1 person still owes 10,000 on mobile home but pays monthly comes with the deal. all renters have been there a long time. good income. no recent rent increase. 60,000 down, then 60,000 finance at 10%. for more info call Paul 607-738-6343.

Location

right outside of bath, NY, great location, great opportunity.

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Park Information

Community Type: All Age
Number of MH Lots: 4
Total Occupancy: 100.0 %
Year Built: 1965
Average MH Lot Rent: $300
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $17,400
Operating Expense: $4,200
Net Operating Income: $13,200
Expense Ratio: 24.1 %
Debt Info: none

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 1
Average Rent for Park-owned Homes: $650