3934 Wyncoop Creek Rd - Manufactured Housing/Mobile Housing FOR SALE


Van Etten, NY 14889
$550,000 USD
607-279-8055
3934 Wyncoop Creek Rd, Van Etten, NY for Sale
$550,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/20
null | Request Cap Rate

3934 Wyncoop Creek Rd
Van Etten, NY 14889


OVERVIEW

Rare and incredible investment opportunity! Purchase a Mobile Home Park with proven longevity and currently an approximate $96,000 annual gross income! This business has been owned and diligently cared for by the same person for over 18 years! Maximum total of 24 homes are permitted in the park. 20 homes are currently present and rented. 14 of these homes are owned by the Seller. Seller has electrical boxes on site allowing the opportunity for 5 additional homes to reach maximum capacity. An acceptable offer may include a variety of valuable maintenance tools and belongings; facilitating an easy and seamless transition for the new Owner. Close proximity and easy half-hour commute to Ithaca, Elmira, Owego, and Sayre. What is the likelihood that another investment opportunity like this will happen in the near future? Depending upon terms-Seller financing may be available.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$29 USD /SF

# OF UNITS

19

PRICE/UNIT

$28,947

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.9 AC

LAND SF

257,004 SF

ZONING

05

APN/PARCEL ID

073889 44.00-1-12.71,073889-044-000-0001-012-072-0000

ASK ABOUT THIS PROPERTY

Richard PattersonHoward HannaMore Info
607-279-8055

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Richard PattersonHoward HannaMore Info
607-279-8055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.