Contact Information

Mobile Home Park Details

  • Price: $4,500,000
  • Cap Rate: 9.8%
  • Listing ID: 6729616
  • Posted On: Sep 16, 2024
  • Updated On: Oct 31, 2024

Description

Lake's MHP - 24428 US Route 11, Calcium NY 13616
- Public Water and Sewer (separately metered/tenants pay utilities)
- 68 Sites ( 33 TOH, 24 POH, 3 Contracts, 8 Vacant Lots)
- 23.20 Acres
- Paved Roads

Garland City MHP - Lewis St, Watertown NY 13601
- Public Water and Septic (separately metered/tenants pay for Water)
- 49 Sites ( 27 TOH, 8 POH, 1 Stick-built house, 13 Vacant Lots)
- Paved Roads maintained by the Town
- 20.12 Acres

Leray MHP - Leray Park Lane, Calcium NY 13616
- Public Water and Sewer (separately metered/tenants pay utilities)
- 17 Sites ( 10 TOH, 5 POH, 2 Vacant Lots)
- Paved Roads
- 4 Acres

Location

- Located in Jefferson County, New York

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Park Information

Number of MH Lots: 134
Total Occupancy: 85.7 %
Size: 47 acre(s)

Financial Information (Actual)

Gross Income: $869,832
Operating Expense: $305,415
Net Operating Income: $440,217
Expense Ratio: 35.1 %

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