Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Cap Rate: 0.0%
  • Listing ID: 6095618
  • Posted On: Jun 6, 2024
  • Updated On: Sep 11, 2024

Description

6 acres. 4 mobile homes, 3 people own. 1 owes 10,000 pays monthly comes with the deal. 60,000 down, finance 60,000 for 6% for 10 years. long term tenants. great investment. for more info call Paul at 607-738-6343

Location

Right outside of bath, Ny. on the river. Beautiful location

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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