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Poughkeepsie MHP 575 Creek Rd 21 Unit Mobile Home Park $1,572,829 ($74,897/Unit) 7.27% Cap Rate Poughkeepsie, NY 12601
Executive Summary
Now presenting Creek Park MHP- a 21 lot Mobile Home Park located in Dutchess County. This property sits on 2.4 Acres and is a clean beautifully kept community.
This property has city water and septic. This property is a gorgeous part of the neighborhood, with paved roads and beautifully kept homes.
Dutchess County is full of rich history with FDR's home, Vanderbilt Mansion, and Val-Kill; iconic outdoor spots like the Walkway Over the Hudson and Poet's Walk; world-class culinary arts at the Culinary Institute of America; diverse arts and culture (Bardavon Opera House, Vassar Art Center); farm- to-table experiences at markets and wineries; and scenic beauty with parks, gardens, and the Hudson River offering boating, hiking (Appalachian Trail), and more. Dutchess County's proximity to NYC is a recipe for success, with a high demand for housing.
This property has city water and septic. This property is a gorgeous part of the neighborhood, with paved roads and beautifully kept homes.
Dutchess County is full of rich history with FDR's home, Vanderbilt Mansion, and Val-Kill; iconic outdoor spots like the Walkway Over the Hudson and Poet's Walk; world-class culinary arts at the Culinary Institute of America; diverse arts and culture (Bardavon Opera House, Vassar Art Center); farm- to-table experiences at markets and wineries; and scenic beauty with parks, gardens, and the Hudson River offering boating, hiking (Appalachian Trail), and more. Dutchess County's proximity to NYC is a recipe for success, with a high demand for housing.
Property Facts
| Price | $1,572,829 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $74,897 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.40 AC |
| Cap Rate | 7.27% | Building Size | 1 SF |
| Gross Rent Multiplier | 7.88 | Average Occupancy | 100% |
| No. Units | 21 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1962 |
| Price | $1,572,829 |
| Price Per Unit | $74,897 |
| Sale Type | Investment |
| Cap Rate | 7.27% |
| Gross Rent Multiplier | 7.88 |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 2.40 AC |
| Building Size | 1 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1962 |
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Poughkeepsie MHP | 575 Creek Rd
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