CALL ROBERT MERCHANT FOR MORE INFORMATION AT 209-996-4075
200 Space Mobile Home Park For Sale in Kennedy, NY
Fantastic upside opportunity in a quiet, rural Western New York community. Kennedy offers small-town charm, easy access to Jamestown, and a mix of local amenities, open space, and affordable living, making it an ideal location for long-term residents and future growth.
This well-maintained park features a mix of tenant-owned and park-owned homes. Only 3 park-owned homes are currently vacant and it offers immediate value-add potential with approx. 40 vacant lots with existing infrastructure ready for new homes. The property operates on private utilities, adding operational efficiency.
Another major highlight and significant expansion upside is that the park is licensed for an additional 100 undeveloped spaces, perfect for phased growth or new home infill
Current financials:
Gross Income: approx. $320,000
Net Income: approx. $150,000
Projected Potential:
Upon full infill of existing vacant lots and development of the additional licensed spaces, conservative projected potential NOI could reach an estimated $500,000+, making this an exceptional long-term growth opportunity.
This park is ideal for investors seeking a stabilized asset with substantial expansion capacity and strong future returns.