1009 Route 82 - Manufactured Housing/Mobile Housing FOR SALE


Hopewell Junction, NY 12533
$1,890,000 USD
770-310-4070

NO PHOTO

$1,890,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
null | 8.29% Cap Rate

1009 Route 82
Hopewell Junction, NY 12533


HIGHLIGHTS

  • CAPEX - New Roof (4 years ago) & Painter Exterior 5 years ago
  • NEW septic system for 7 trailers ($100K)
  • New doors and mechanism for Garage ($8K) New furnace and tank ($18K)

OVERVIEW

There are two buildings, 12 mobile homes, and a garage on 3 acres.+- All leases are for 1 - 2 years for the past 40 years. Building #1 Commercial Building - Current dentist has been their 30 years +- in 1800 SF +- Current Rent - $1,695 per month lease ends 06/01/2026 Upstairs was occupied by a Psychologist (for over 20 years) which has 4 offices (300 SF +-) Hallway & Bathroom - current owner has not made any effort to lease out - we will be listing ASAP. *Generated $1,395 per month (looking into what current rent should be). Building #2 Converted Barn that has been an upholstery shop, candy store, and currently a beauty salon. $690 a month + $100 per month contribution for heating bill November - March. Tenant also pays for electricity, phone & internet. 2 year lease 700 SF +- Own Septic System (current owner pays Town of East Fishkill Water + Water + Garbage) Heated by oil which the current owner pays for; however, if there were separate zones cost can be passed on to tenants. Mobile Home Park - All leases are for 1 year, 10 renew 08/01 and the others renew 01 & 11/01 Has dedicated Road - Stone and Dirt road that is resurfaced 2x a year. There are 3 septic tanks and fields for the park. 1 for 7 trailers, 1 for 4 trailers and 1 for the last trailer. 12 Lots which each tenant owns their home and pays rent. LL provides water, hook up to septic and garbage. Renter pays for electric, phone & internet. Free Standing Garage in the back of the property 2 bay garage which is rented for $500 a month - lease is up 01/01/2026 Tenant has been there for 8 years and his mother lives in the park so LL has not raised his rent. Renter keeps his stock car in the garage.

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

14

PRICE/UNIT

$135,000

CAP RATE

8.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 AC compound - Mobile Home Park, Commercial

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.48 AC

LAND SF

151,589 SF

ZONING

B1

APN/PARCEL ID

132800-6457-02-591969-0000

ASK ABOUT THIS PROPERTY

Brett TeilhaberKW CommercialMore Info
770-310-4070

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Brett TeilhaberKW CommercialMore Info
770-310-4070

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