670 Granite Rd - Manufactured Housing/Mobile Housing FOR SALE


Kerhonkson, NY 12446
$867,000 USD
646-233-0438
670 Granite Rd, Kerhonkson, NY for Sale
$867,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
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670 Granite Rd
Kerhonkson, NY 12446


OVERVIEW

*80 Miles from New York City. *Expansion opportunities. Potential for 36 more sites. *12 unit MHP *12.2 Acre Parcel , with a potential for expansion pending city approvals currently only 2 acres are developed. *Well and 7 Septic tanks that are in great shape. *Vacancy rate less than 1% for rentals in Ulster County. *Located near restaurants, wineries and minewaska state park. *Hospitals and wal-marts are with in a 5 minute travel. *Upside in rent increases. *Located in a certifiable Targeted Employment Area (TEA). Possibly an Eb-5 development opportunity. *Mostly Tenant Owned with One Park Owned Home *TENANTS ALL PAY- this is a great turn key property *Located in Ulster County

FOR SALE DETAILS

PRICE

$867,000 USD

# OF UNITS

12

PRICE/UNIT

$72,250

CAP RATE

7.63%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Granite Creek

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.2 AC

LAND SF

531,432 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Megan HaggartyIRE InvestmentMore Info
646-233-0438

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Megan HaggartyIRE InvestmentMore Info
646-233-0438

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