Contact Information
Mobile Home Park Details
- Price: $899,000
- Cap Rate: 7.0% (Actual)
- Listing ID: 6897253
- Posted On: May 12, 2025
- Updated On: May 15, 2025
Description
*80 Miles from New York City.
*Expansion opportunities. Potential for 36 more sites.
*12 unit MHP
*12 Acre Parcel , with a potential for expansion pending city approvals currently only 2 acres are developed.
*Well and 7 Septic tanks that are in great shape.
*Vacancy rate less than 1% for rentals in Ulster County.
*Located near restaurants, wineries and minewaska state park.
*Hospitals and wal-marts are with in a 5 minute travel.
*Upside in rent increases.
*Located in a certifiable TEA. Possibly an Eb-5 development opportunity.
*All Tenant Owned
Location
*Located in Ulster County
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Park Information
| Number of MH Lots: | 12 |
| Total Occupancy: | 100.0 % |
| Size: | 14 acre(s) |
Financial Information (Actual)
| Gross Income: | $95,160 |
| Operating Expense: | $32,580 |
| Net Operating Income: | $62,580 |
| Expense Ratio: | 34.2 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
