Contact Information

Mobile Home Park Details

  • Price: $825,000
  • Cap Rate: 11.2%
  • Listing ID: 6694689
  • Posted On: Aug 13, 2024
  • Updated On: Dec 20, 2024

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: 93.1 %
Year Built: 1970
Size: 5 acre(s)

Financial Information (Actual)

Gross Income: $139,824
Operating Expense: $37,899
Net Operating Income: $92,325
Expense Ratio: 27.1 %

Utility Information

Water: City
Sewer: Septic

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