Mobile Home Park Details

• Purchase Method: Cash, New Loan
• Listing ID: 966995
• Posted On: Jul 10, 2018
• Updated On: Jan 3, 2019

Location

Allegany County is located in the area of New York State known as the “Southern Tier.” Between the Hollows Mobile Home Park is located in the Town of Wellsville which is the largest community in the county (2010 census population -7,397). Wellsville is centrally located in the southern half of the county and is ~8 miles north of the Pennsylvania border.

Wellsville's economy is dominated by skilled engineering and manufacturing with a cluster of companies in the energy sector. Its close proximity to prominent engineering schools at Alfred University, Rochester Institute of Technology and the University of Rochester has resulted in a high concentration of highly skilled and specialized engineers.
Dresser-Rand, part of German Siemens AG Power and Gas (PG), is a leading supplier of mission-critical, high-speed rotating equipment solutions to the worldwide oil, gas, petrochemical, and process industries. Among the products manufactured in the Wellsville facility are steam turbine generators.
Ljungstrom, a division of The Arvos Group, (formerly Alstom Power Air Preheater) designs and manufactures in Wellsville products for the thermal power plant market, namely air preheaters and gas-gas heaters for thermal power generation facilities. As such, they are an innovator in the development of "clean coal technology." (Within walking distance of the Subject Property)
Current Controls, founded in 1982, designs and manufactures electronic transformers, inductors and serves the automotive, aerospace, medical, data storage, lighting, power supply industries.
Northern Lights Candle Co., a manufacturer, retailer and wholesale distributor of candles and novelties, is headquartered in Wellsville.
Otis Eastern Services, founded in 1936, serves the oil and gas industries, constructing, upgrading and maintaining oil and gas distribution systems such as pipelines in West Virginia, New York, New Jersey, Connecticut, and Massachusetts.
Release Coatings of NY, headquartered in Wellsville, is world leader in the development and production of state-of-the-art, water-based release agents including flex and rigid mandrel and mold releases agents and hose, tube, or pan cure release agents.

Wellsville is home to Alfred State College’s School of Applied Technology which includes the Culinary Arts School, automotive department, building trades, and a Sustainable Advanced Manufacturing Center.

The subject property is conveniently located within a mile of the Village of Wellsville. Allegany County is serviced by “The Southern Tier Expressway” NYS Route 17 (I-86) which traverses the entire Southern Tier of NY State from Jamestown in the west to Orange County just north of NY City in the east. The subject is located about 15 miles southeast of Belvidere (Exit 30) off the Southern Tier Expressway.