Contact Information
Mobile Home Park Details
- Price: $825,000
- Cap Rate: 10.8% (Actual)
- Listing ID: 6694689
- Posted On: Aug 13, 2024
- Updated On: Feb 7, 2025
Description
- 25 Units
- 20 Tenant-Owned Homes
- 3 Park-Owned Homes - 2 Rent-to-Own
- 2 Empty Lots
- Public Water System
- Private Septic System
Location
- Located in Western New York
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Park Information
Number of MH Lots: | 25 |
Total Occupancy: | 92.0 % |
Year Built: | 1970 |
Size: | 5 acre(s) |
Financial Information (Actual)
Gross Income: | $138,055 |
Operating Expense: | $37,899 |
Net Operating Income: | $89,112 |
Expense Ratio: | 27.5 % |
Utility Information
Water: | City |
Sewer: | Septic |