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Hillside Estates 3109 Chautauqua Road 47 Unit Mobile Home Park $1,100,000 ($23,404/Unit) 14.52% Cap Rate Sinclairville, NY 14782
Executive Summary
47 Total Sites
- 19 Park-Owned Homes
- 16 Tenant-Owned Homes
- 10 Vacant Lots
- 2 Vacant Park-Owned Homes
- Private Well System
- Private Septic System
- Expansion Opportunity
*Additional land in front portion of property for build-out
- Located in Chautauqua County
- 19 Park-Owned Homes
- 16 Tenant-Owned Homes
- 10 Vacant Lots
- 2 Vacant Park-Owned Homes
- Private Well System
- Private Septic System
- Expansion Opportunity
*Additional land in front portion of property for build-out
- Located in Chautauqua County
Property Facts Under Contract
| Price | $1,100,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $23,404 | Building Class | C |
| Sale Type | Investment | Lot Size | 18.00 AC |
| Cap Rate | 14.52% | Building Size | 1,700 SF |
| Gross Rent Multiplier | 3.7 | Average Occupancy | 77% |
| No. Units | 47 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Price | $1,100,000 |
| Price Per Unit | $23,404 |
| Sale Type | Investment |
| Cap Rate | 14.52% |
| Gross Rent Multiplier | 3.7 |
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 18.00 AC |
| Building Size | 1,700 SF |
| Average Occupancy | 77% |
| No. Stories | 1 |
| Year Built | 1950 |
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Property Taxes
| Parcel Number | 064489 268.00-1-36 | Improvements Assessment | $50,000 |
| Land Assessment | $500,000 | Total Assessment | $550,000 |
Property Taxes
Parcel Number
064489 268.00-1-36
Land Assessment
$500,000
Improvements Assessment
$50,000
Total Assessment
$550,000
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Hillside Estates | 3109 Chautauqua Road
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