Mobile Home Park Details

  • Cap Rate: 13.0%
  • Listing ID: 12956
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

no banks needed - seller will consider holding the mortgage with 25% down

13 sites on 2.5 acres - Chenango County

well with newer chlorinator, pump and tank ----- septics

lot rents are $240 to $275/month - currently 2 lots are vacant - gross rents at 1/1/10 are about $2,885/mo

expenses are about $12,000/yr ----- net income is about $22,750 ----- 13% cap rate

no park owned homes convey - no notes convey - no equipment included

contact Pax Realty LLC at 585-489-6903

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 13
Total Occupancy: 84.0 %

Financial Information

Net Operating Income: $22,750

Utility Information

Water: Well
Sewer: Septic