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$ 339,000
Est. payment | /mo
$ 339,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status pending
Purchase Type For Sale
MLS Listing ID 11480857
Annual Tax Amount $4,609
Property Description
Unique opportunity to own an income producing property with usable river frontage. This manufactured home park consists of 2.08 acres of surveyed land and currently has 6 units. 3 of the units are owned by others who pay lot rent, and the other 3 units are owned by the landowner and are rented to others. The 10.2% Cap Rate is based on an NOI of $36,011. Recent upgrades include new water lines. Property has 228' frontage on the East Branch Delaware River. Owned units include a double-wide manufactured home rented at $1,050/month and 2 single-wide units at $750/month each. Units owned by others pay $525, $550 and $550 lot rent, respectively. Tenants pay individual water & sewer charges.
Location
State NY
County 36025
Rooms
Dining Room 0
Kitchen 0
Building
Sewer Municipal
Water Municipal
Structure Type Manufactured (Multi-Section)
Others
Virtual Tour https://upperdelawarerealty.com/listing/manufactured-home-park-on-the-river/
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