40 Meadow Lane, Champlain, NY 12919

Positioned in the stable and affordable housing market of Champlain, this 13-unit mobile home park presents a compelling opportunity for investors seeking strong in-place cash flow with upside potential.

Currently operating at 85% occupancy, the property offers immediate income with the ability to increase revenue through lease-up and operational efficiencies. With an attractive 11.94% cap rate, this asset delivers strong returns from day one.

This community benefits from rare, highly desirable infrastructure, including:

• Town-maintained roads for reduced maintenance responsibility
• Public water and public sewer (no well/septic headaches)
• Natural gas availability
• All sites improved with 16x76 Alaskan slabs, minimizing future capital expenditures

The combination of municipal utilities and quality site improvements significantly lowers operational risk while enhancing long-term durability—features highly sought after by experienced mobile home park investors.

With below-market operational optimization potential, investors can further increase NOI by:

• Bringing occupancy to 100%
• Adjusting lot rents to market levels
• Streamlining management

Located near the Canadian border and key regional employment corridors, Champlain continues to benefit from steady demand for affordable housing.

Investment Highlights

• 13 Total Units
• 85% Occupied (Value-Add Upside)
• 11.94% Cap Rate
• Public Water & Sewer
• Natural Gas
• Town Roads
• 16x76 Alaskan Slabs on All Lots
• Low Maintenance Infrastructure