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Miller Estates MHC 2815 Miller Rd 10 Unit Mobile Home Park $600,000 ($60,000/Unit) 9.82% Cap Rate Waterloo, NY 13165
Executive Summary
- Discover a unique investment opportunity at 2815 Miller Rd with 10 sites featuring 9 Park-Owned Homes and a spacious 20 X 30 Garage complete with an Office and bathroom, currently not leased.
- Unlock the potential of this investment gem with the convenience of municipal water and septic services, ensuring hassle-free maintenance and peace of mind for savvy investors looking to maximize their ROI.
- Miller Estates is a residential community situated in the heart of the Finger Lakes region. It offers convenient access to Route 5 and 20, providing proximity to local wineries, natural landscape , and the Finger Lakes Premium Outlets.
- Unlock the potential of this investment gem with the convenience of municipal water and septic services, ensuring hassle-free maintenance and peace of mind for savvy investors looking to maximize their ROI.
- Miller Estates is a residential community situated in the heart of the Finger Lakes region. It offers convenient access to Route 5 and 20, providing proximity to local wineries, natural landscape , and the Finger Lakes Premium Outlets.
Property Facts
| Price | $600,000 | Apartment Style | Garden |
| Price Per Unit | $60,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 4.12 AC |
| Cap Rate | 9.82% | Building Size | 790 SF |
| Gross Rent Multiplier | 6.19 | Average Occupancy | 92% |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | 05 - 05 - COMME | ||
| Price | $600,000 |
| Price Per Unit | $60,000 |
| Sale Type | Investment |
| Cap Rate | 9.82% |
| Gross Rent Multiplier | 6.19 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.12 AC |
| Building Size | 790 SF |
| Average Occupancy | 92% |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | 05 - 05 - COMME |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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Miller Estates MHC | 2815 Miller Rd
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