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Browse More Listings in Multifamily For Sale, Broadalbin, NY or New York

Multifamily Property - Off Market

Three Park Package New York State

158 Bellen Road, Broadalbin, NY 12025

Price:
N/A
No. Spaces:
50
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
5%
Cap Rate:
7%
Lot Size:
30 AC

Last Verified 8/11/2009 Listing ID 15883818

Description

Lorden Heights has 20 mobile home pads and is fully rented at $280 per month per unit. The park is in very good condition with an upgraded septic system. The park sits on about 12 acres with open fields in the back and possible room for expansion of doublewides or duplexes. I own none of the homes in the park. ($5600 per month / $67,200. per year rent)
Overlook Park sits on Route 30 in Mayfield NY Motel (two apartments and 10 MHPads ) as well as 18 acres out back.. There are 10 Mobile Home pads and two 1 bedroom efficiencies in the park. $270.00 per month lot rent and $500.00 per month rent for the studios. .(Rent is $$3700 per month or $44,400 per year)
Elsie' s Mobile Home Community is in Pittstown NY Pittstown is a beautiful rural community about 25 minutes from downtown Albany. Elsie' s has 14 pads that rent for $315.00 each. Currently there are 3 vacancies in the park. Elsie' s is managed by a tenant for a reduced monthly rent. He pays $125.00 per month and tracks the water, the mowing, etc.. (rent is $4410 per month and $52,920 per year)

Albany area of NYS>

Map of 158 Bellen Road, Broadalbin, NY 12025 (Fulton County)

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Created 9/8/2008

Additional Information for 158 Bellen Road, Broadalbin, NY 12025

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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Mobile Home/RV Community
Sold 2Q 2005
Mobile Home/RV Community
Sold 1Q 2008

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.

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Multifamily Property For Sale - Three Park Package New York State

158 Bellen Road, Broadalbin, NY, 12025