Listed by IRE Investment
$925,000
Streamside Estates
Details
Property Type Mobile Home Park
Units 18
Cap Rate 8.97%
NOI $83,002
Occupancy 95.15%
Pro-Forma Cap Rate 10.17%
Pro-Forma NOI $94,069
Class B
Acreage 20.000
Mobile Home Park | 8.97% CAP
Marketing description
*Ulster County MHC
*20 Acres
*15 tenant owned home lot leases
*1 expansion lot (has water & electric, needs septic)
*1 Duplex (2 rented units) - see rent roll
*Private Septic
*Private Well - New Pump House
*The park has newly paved roads
*Ulster County is one of the most desirable counties for manufactured housing communities. The market has strong rents and low occupancy. It's location in relation to NYC makes this very popular among many mobile home park investors.
Listing Contacts
Listed by IRE Investment
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,002.00
$6,916.83/mo
Valuation Metrics
0
DSCR
8.97%
Cap Rate
8.97%
ROI
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Property History
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