Contact Information

Mobile Home Park Details

  • Price: $672,000
  • Cap Rate: 9.6%
  • Listing ID: 6760071
  • Posted On: Oct 30, 2024
  • Updated On: Oct 30, 2024

Description

Investment Summary
This property sits on 2.5 acres of land in Delhi NY
17 Total Units
10 Tenant-Owned Homes
2 Park-Owned Homes
1 Empty Lot
A Four Family Apartment Complex sits onsite the MHP as well.
Cap Rate: 9.56%
The property is well maintained and has a manager who handles the property
City Sewer & Well
Location Summary
Located in Delhi NY , 5 Minutes from SUNY Delhi
Located in the Delaware Academy School District

Location

This lively town offers a blend of historical allure and modern conveniences for prospective tenants of the office building at 255 Main Street. Just steps away, experience the picturesque campus of SUNY Delhi, offering educational resources and a vibrant campus atmosphere. Explore the quaint shops, cozy cafes, and local eateries that line Main Street, adding a touch of small-town charm to your workday. Revel in the natural beauty at Frisbee Hill Park, within convenient reach. With a perfect balance of community and convenience, the area provides an inspiring backdrop for your business endeavors.

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Park Information

Number of MH Lots: 17
Total Occupancy: 100.0 %
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $92,652
Operating Expense: $28,240
Net Operating Income: $64,412
Expense Ratio: 30.5 %

Utility Information

Water: Well
Sewer: City

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