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Manor MHP 1367 State Route 5 20 Unit Mobile Home Park $497,000 ($24,850/Unit) 9% Cap Rate Elbridge, NY 13060
Executive Summary
- Discover a lucrative investment opportunity with this 20-unit park, boasting 18 lots including 15 tenant-owned homes and 3 vacant lots.
- Embrace the potential of a stick-built duplex nestled on 9.66 acres of prime real estate, complete with paved roads and well & septic systems.
- Located in Onondaga County
- Embrace the potential of a stick-built duplex nestled on 9.66 acres of prime real estate, complete with paved roads and well & septic systems.
- Located in Onondaga County
Property Facts
| Price | $497,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $24,850 | Apartment Style | Garden |
| Sale Type | Investment | Lot Size | 9.66 AC |
| Cap Rate | 9% | Building Size | 1 SF |
| Gross Rent Multiplier | 5.35 | Average Occupancy | 86% |
| No. Units | 20 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Price | $497,000 |
| Price Per Unit | $24,850 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Gross Rent Multiplier | 5.35 |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Lot Size | 9.66 AC |
| Building Size | 1 SF |
| Average Occupancy | 86% |
| No. Stories | 1 |
| Year Built | 1970 |
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Property Taxes
| Parcel Number | 312889-037-000-0001-020-000-0000 | Improvements Assessment | $230,000 |
| Land Assessment | $260,000 | Total Assessment | $490,000 |
Property Taxes
Parcel Number
312889-037-000-0001-020-000-0000
Land Assessment
$260,000
Improvements Assessment
$230,000
Total Assessment
$490,000
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Manor MHP | 1367 State Route 5
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