584 Warren Rd - Manufactured Housing/Mobile Housing FOR SALE
Frewsburg, NY 14738 |
$499,000 USD
954-723-8342
584 Warren Rd
Frewsburg, NY 14738
HIGHLIGHTS
- 17 Unit Mobile Home Park - 5 Tenant Owned Mobile Homes Paying Lot Rent, 4 Park Owned Mobile Homes, 5 Vacant Lots (Connection in Place)
- Large Expansion Potential With Plans Already in Place to Add an Additional 133 Sites to Property
- Add Value to Existing Park By: Paving Roads, Infilling Homes, Sub Metering Water or Bring Rents to Market Levels
- Property Has Sub Metered Direct Billed Electric, Public Water - Water Billed Back to Tenants in Monthly Rent, Private Septic and Gravel Roads
OVERVIEW
Sands Investment Group is Pleased to Present For Sale The 17 Site Cash Flowing Mobile Home Park (Including a Duplex). This Investment Opportunity Offers 11 Occupied Sites With The Opportunity to Capitalize 6 Vacant Sites. Utilize the Acreage For Further Expansion Potential With the Development of up to 150 Total Sites on 50+ Acres, Lease the Farm Land, or to Monetize The Timber on The Property.
In Cooperation With SIG RE Services NY LLC - Lic. #10991233211 BoR: Andrew Ackerman - Lic. NY #10491210161
FOR SALE DETAILS
PRICE
$499,000 USD
PRICE/SF
$100 USD /SF
# OF UNITS
17
PRICE/UNIT
$29,353
CAP RATE
11.05%
% LEASED
69%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Hill of Carroll - Frewsburg, NY
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
ADD'L SUBTYPES
Apartments, Office/Residential, Dormitory
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1970
PARKING SPACES
-
LAND DETAILS
LAND ACRES
53 AC
LAND SF
2,308,680 SF
ZONING
AR 1
APN/PARCEL ID
062400 440.00-2-51
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
954-723-8342
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
954-723-8342
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
