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    $/SQFT

Listing Details

Status
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MLS #
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Neighborhood
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Type
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Built
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County
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Area
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School Information

Elementary School
Middle School
High School
School District

Description

Colden Acres MHP, a 10 unit lot rent only Mobile Home Park is now available to investors through KW Commercial. Situated on 2.22 acres just off of NYS Route 9W, the park is conveniently located to Poughkeepsie, New Paltz, Kingston and Newburgh. With no park owned homes, this investment opportunity is turn key and easy for a new investor to step into without the burden of landlord repairs and maintenance responsibilities on the homes. With a community septic, and well water that pumps into a 500 gallon holding tank, this park is set up and operating efficiently with low landlord maintenance. The water is sub metered at each home and usage is billed back to tenants. With $63,000/year of potential rental income, and using a 30% operating expense ratio the park has a NOI of $44,520.

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-09-20T18:16:53.527.
www.frankschiavone.com/homes/119728734
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45 Mackey Road Highland, NY 12528

  • Price: $515,000
  • Status: Active
  • Updated: 72 min ago
  • MLS #: H6133157
0
Beds
0
Baths
0
½ Baths
2.22
Acres
784
SQFT
$657
$/SQFT
1992
Built
Neighborhood:
Lloyd
County:
Ulster
Area:
Lloyd
Elementary School:
Highland Elementary School
Middle School:
Highland Middle School
High School:
Highland High School
School District:
Highland
Property Description
Colden Acres MHP, a 10 unit lot rent only Mobile Home Park is now available to investors through KW Commercial. Situated on 2.22 acres just off of NYS Route 9W, the park is conveniently located to Poughkeepsie, New Paltz, Kingston and Newburgh. With no park owned homes, this investment opportunity is turn key and easy for a new investor to step into without the burden of landlord repairs and maintenance responsibilities on the homes. With a community septic, and well water that pumps into a 500 gallon holding tank, this park is set up and operating efficiently with low landlord maintenance. The water is sub metered at each home and usage is billed back to tenants. With $63,000/year of potential rental income, and using a 30% operating expense ratio the park has a NOI of $44,520.
Exterior Features

Garage YN No Lot Features Corner LotLevelWoodedNear Public Transit Parking Features Assigned

Interior Features

Cooling None Cooling YN No Heating OtherForced Air

Property Features

Property Attached YN No Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 9265.00 Water Source See Remarks

Listing courtesy of Leigh Quintana of Keller Williams Hudson Valley.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-09-20T18:16:53.527.
 
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