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Valley View Mobile Home Park 8114 State Rd 19 Unit Mobile Home Park $599,900 ($31,574/Unit) 11.35% Cap Rate Colden, NY 14033
EXECUTIVE SUMMARY
Welcome to 8114 State Road, Colden, NY 14033 — a prime investment opportunity with significant value-add potential in the heart of charming Colden. This unique property includes two combined lots featuring 18 mobile home pads and a single-family house, offering multiple income streams and long-term growth.
Currently, 9 of the units are owned by the seller, and the majority of tenants are long-term, providing immediate, stable cash flow with room to expand and improve. Whether you're an experienced investor or just starting your portfolio, this property offers a rare opportunity to increase value through additional unit upgrades, occupancy, or rental increases.
Conveniently located just 30 minutes from Buffalo, this property provides a peaceful, rural setting while still being close to city amenities, making it attractive for both tenants and future buyers.
Don’t miss your chance to own a high-potential, income-generating property in a growing area—8114 State Road is ready for its next chapter!
Currently, 9 of the units are owned by the seller, and the majority of tenants are long-term, providing immediate, stable cash flow with room to expand and improve. Whether you're an experienced investor or just starting your portfolio, this property offers a rare opportunity to increase value through additional unit upgrades, occupancy, or rental increases.
Conveniently located just 30 minutes from Buffalo, this property provides a peaceful, rural setting while still being close to city amenities, making it attractive for both tenants and future buyers.
Don’t miss your chance to own a high-potential, income-generating property in a growing area—8114 State Road is ready for its next chapter!
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PROPERTY FACTS
| Price | $599,900 | Building Class | C |
| Price Per Unit | $31,574 | Lot Size | 5.34 AC |
| Sale Type | Investment | Building Size | 9,500 SF |
| Cap Rate | 11.35% | Average Occupancy | 94% |
| No. Units | 19 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 2/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | Commercial | ||
| Price | $599,900 |
| Price Per Unit | $31,574 |
| Sale Type | Investment |
| Cap Rate | 11.35% |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.34 AC |
| Building Size | 9,500 SF |
| Average Occupancy | 94% |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 2/1,000 SF |
| Zoning | Commercial |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 19 | - | 500 |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $136,300 | |
| Land Assessment | $45,500 | Total Assessment | $181,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$45,500
Improvements Assessment
$136,300
Total Assessment
$181,800
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Valley View Mobile Home Park | 8114 State Rd
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