

Listed by IRE Investment
$350,000
St. Johnsville MHP
Details
Property Type Mobile Home Park
Units 17
Cap Rate 15.29%
NOI $53,499
Occupancy 100%
Pro-Forma Cap Rate 16.63%
Pro-Forma NOI $58,215
Class B
Year Built 1979
Acreage 4.370
Mobile Home Park | 15.29% CAP
Marketing description
Back on Market with a Fantastic Price reduction! Don't miss out on this one! Welcome to St. Johnsville MHP, a 17 space manufactured housing community with septic and well located in Montgomery county.
In addition to the mobile home park, this deal includes a 2 bed 1 bath single-family Mobile home that sits on its own tax parcel (7979 St. Hwy 5). Pending Releases.
There are 5 Park Owned Homes paying $650 per month. There are 12 Tenant Owned Homes paying $275 per month
Located in Montgomery County
Listing Contacts


Listed by IRE Investment
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,499.00
$4,458.25/mo
Valuation Metrics
0
DSCR
15.29%
Cap Rate
15.29%
ROI
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