Contact Information
Mobile Home Park Details
- Price: $1,350,000
- Cap Rate: 9.9%
- Listing ID: 6435890
- Posted On: Jun 27, 2024
- Updated On: Dec 12, 2024
Description
38 Sites (31 Tenant Owned Homes, 2 Park Owned Homes and 5 Vacant Lots with full services)
Well and Septic
18.94 Acres
16 miles from Ithaca, NY
Location
Located in Cortland County
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Number of MH Lots: | 38 |
Total Occupancy: | 87.2 % |
Size: | 19 acre(s) |
Financial Information
Gross Income: | $222,900 |
Operating Expense: | $60,722 |
Net Operating Income: | $133,678 |
Expense Ratio: | 27.2 % |
Utility Information
Water: | Well |
Sewer: | Septic |