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Streamside Estates 190 Cherrytown Rd 18 Unit Mobile Home Park $925,000 ($51,389/Unit) 8.97% Cap Rate Kerhonkson, NY 12446
Executive Summary
*Ulster County MHC
*20 Acres
*15 tenant owned home lot leases
*1 expansion lot (has water & electric, needs septic)
*1 Duplex (2 rented units) - see rent roll
*Private Septic
*Private Well - New Pump House
*The park has newly paved roads
*Ulster County is one of the most desirable counties for manufactured housing communities. The market has strong rents and low occupancy. It's location in relation to NYC makes this very popular among many mobile home park investors.
*20 Acres
*15 tenant owned home lot leases
*1 expansion lot (has water & electric, needs septic)
*1 Duplex (2 rented units) - see rent roll
*Private Septic
*Private Well - New Pump House
*The park has newly paved roads
*Ulster County is one of the most desirable counties for manufactured housing communities. The market has strong rents and low occupancy. It's location in relation to NYC makes this very popular among many mobile home park investors.
Property Facts
| Price | $925,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $51,389 | Building Class | B |
| Sale Type | Investment | Lot Size | 20.00 AC |
| Cap Rate | 8.97% | Average Occupancy | 95% |
| Gross Rent Multiplier | 6.24 | No. Stories | 1 |
| No. Units | 18 | Year Built | 1970 |
| Property Type | Multifamily |
| Price | $925,000 |
| Price Per Unit | $51,389 |
| Sale Type | Investment |
| Cap Rate | 8.97% |
| Gross Rent Multiplier | 6.24 |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | B |
| Lot Size | 20.00 AC |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1970 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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Streamside Estates | 190 Cherrytown Rd