Walnut Park Lane Mobile Home Park
Mobile Home Park | 40 Pads | $92,500/pad
Marketing description
Prime investment opportunity in Ulster County, NY. This offering features a 40 unit mobile home park on 11+/- acres as well as 2 additional parcels (11 and 24 acres respectfully) totaling 46+/- acres. This value-add opportunity is perfect for a new or experienced operator that is looking to cash flow while getting approvals for an additional 40+/- units on the adjoining parcels and doubling the overall cash flow.
In close proximity to route 9W, I-87, NY State Route 32, a plethora of retail, state parks and the Mid-Hudson Bridge to Westchester County, this property leaves little to be desired.
Investment highlights
40 Unit MHP located just South of Poughkeepsie
2 additional parcels (35+/- acres) perfect for the addition of more pads
Close proximity to retail, parks, and major highways
All units are tenant owned providing limited landlord responsibility
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