Photo of Mobile Home Park

Mobile Home Park Details

Listing ID: 698504
Posted On: Aug 19, 2016
Updated On: Oct 26, 2016

Description

• BEING AUCTIONED ON TEN-X.COM - EVENT # B189-145 - SEPTEMBER 19, 2016
• Opportunity to acquire 424 sites with significant upside minutes from The Berkshires, one of the Northeast’s most renowned natural attractions.
• Approximately 79% of the park's rental income comes from seasonal tenants who pay from $2,700 to $3,125 per season and many leave their RVs in the park year round.
• Tenants usually either purchase an RV from existing tenants or have a local dealer set an RV on site so it can stay in the park year round.
• Amenities include an arcade, rec center, swimming beach, playground and camp store.
• Approximately $240k of capital projects have been completed including electric upgrades, lake treatment, TV equipment and a new roof for the rec hall, among others.
• Approximately 27 additional sites could potentially be put online if upgraded.
• Camp Waubeeka provides an attractive summer vacation home option for families seeking an alternative to the expensive stickbuilt homes in nearby markets such as Copake Lake.

Location

• Copake offers visitors a myriad of outdoor and indoor attractions with proximity to museums, parks, wineries, and an assortment of historic sites.
• Strong regional access with New York City, Boston, Albany and Hartford all less than a three hour drive away.
• Catamount Ski Area sits less than 20 minutes from the community offering 35 ski trails spread over 132 skiable acres and a 10-acre aerial adventure park featuring over 170 obstacles and 50 zip lines. 75% of visitors come from New York.
• Less than 5 miles from the property, Bash Bish Falls State park offers 424 acres for outdoor recreation and is home to Massachusetts’ tallest single-drop waterfall.
• The eclectic Festival of Contemporary Music put on by the Tanglewood Music Center, summer home of the Boston Symphony Orchestra, attracted over 330,000 patrons in 2014.
• Copake Lake, a popular second-home market and home to the scenic Copake Country Club, is minutes from the community.
• Taconic State Park, Mt Washington State Forest and Mt Everett State Reservation are all a short drive away and offer tourists plenty of options for fishing, skiing, hiking and hunting.
• The FASNY Museum of Firefighting, located about 30 minutes away in Hudson, encompasses 50,000 square feet with 90 pieces on display.

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