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414 Estates Manufactured Home Community, Car Wash
4648 State Rt 414, Beaver Dams, NY 14812
Snapshot from the front of the park
Last Verified 2/8/2011
Listing ID 16772438
Highlights
Public Car Wash- Public Laundry Mat
- Significant upside potential
Description
414 Estates is a 68 pad manufactured home community with a public carwash and laundry mat. This community consists of two land parcels that total 14.1 acres. There are paved roads that service the homes in the park. The property includes a 2000 sq.ft. building that is used as a 2-bay, self service car wash, and a coin-op laundry mat. The property is serviced by private well, and a Septic system.
There are currently 56 paying tenants, and 12 approved pads that are vacant, ready for new tenants. Pads rent between $227 - $237/month, which includes water, septic, trash. Tenants pay their own gas/electric.
There is significant potential for an operator to fill the remaining 12 pads (at current pad rental rates, this would add over $34,000 to your income), and increase the income from the laundry mat and car wash facility. There is a long term active property/rental manager that lives adjacent to the community.
Beaver Dams is in Southern portion of Central NY. It is located between Watkins Glen, NY and Corning. The property is located 15 minutes South of Watkins Glen, and the Southern tip of Seneca Lake, and about 12-minutes North of Corning, NY. The setting is rural.
Map of 4648 State Rt 414, Beaver Dams, NY 14812 (Schuyler County)
Created 7/26/2010
Additional Information for 4648 State Route 414, Beaver Dams, NY 14812
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P