Contact Information

Mobile Home Park Details

  • Price: $500,000
  • Cap Rate: 9.8%
  • Listing ID: 6767536
  • Posted On: Nov 11, 2024
  • Updated On: Nov 11, 2024

Description

*32 sites with full hook ups
*8 TOH & 6 POH + 1 that either needs to be torn down or repaired (not included in rent roll)
*Well and Septic Tanks
*Brand New Pump House Installed

Location

*3.9 Miles from Clarkson University
*5 Miles from SUNY Potsdam
*Potsdam is home to one of the state's finest public school system

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Park Information

Number of MH Lots: 32
Total Occupancy: 91.8 %

Financial Information (Actual)

Gross Income: $87,600
Operating Expense: $31,572
Net Operating Income: $48,828
Expense Ratio: 36.0 %

Utility Information

Water: Well
Sewer: Septic

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