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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

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EXECUTIVE SUMMARY

- Discover a lucrative investment opportunity with this 20-unit park, boasting 18 lots including 15 tenant-owned homes, 2 vacant homes, and 1 vacant lot.
- 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
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
312889-037-000-0001-020-000-0000
Land Assessment
$260,000
Improvements Assessment
$230,000
Total Assessment
$490,000
  • Listing ID: 37834698

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: 1367 State Route 5, Elbridge, NY 13060

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