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Mobile Home Park Details

  • Price: $525,000
  • Cap Rate: 12.1%
  • Listing ID: 6430203
  • Posted On: Jun 26, 2024
  • Updated On: Aug 26, 2024

Description

Now offering Gouverneur MHP Portfolio, a 20 space mobile home park portfolio.
12 POH Rentals (Park Owned Homes)
6 TOH Homes (Tenant Owned Homes)
2 Vacant Lots with Vacant Park Owned Homes
5 Acres in Rear of property have been cleared and are encompassed by the MHP zoning.

Location

Located in St.Lawrence County

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Park Information

Number of MH Lots: 20
Total Occupancy: 73.0 %
Year Built: 1975
Size: 11 acre(s)

Financial Information

Gross Income: $122,671
Operating Expense: $59,188
Net Operating Income: $63,483
Expense Ratio: 48.2 %

Utility Information

Water: City
Sewer: City

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