Contact Information
Mobile Home Park Details
- Price: $4,840,000
- Cap Rate: 6.0%
- Listing ID: 6745585
- Posted On: Oct 10, 2024
- Updated On: Oct 10, 2024
Description
* 88 site Park
* All Tenant-Owned Homes except 1 Stick-Built Home & 3 Garage Spaces.
* 14 Vacant Lots
* Paved Roads
* City Water and Septic
* Tenants pay for Garbage and Electricity
* Park Manager will stay on
* Maintenance person will stay on
Location
* Located in Albany-Schenectady-Troy Metro Area
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Park Information
| Number of MH Lots: | 88 |
| Total Occupancy: | 82.5 % |
| Size: | 9 acre(s) |
Financial Information (Actual)
| Gross Income: | $522,620 |
| Operating Expense: | $140,929 |
| Net Operating Income: | $290,159 |
| Expense Ratio: | 27.0 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
