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8603-8675 Bishop Rd 8 Unit Mobile Home Park $295,000 ($36,875/Unit) 7.40% Cap Rate Lyons, NY 14489
Investment Highlights
- Established Mobile Home Park & parcel.
- Meticulous grounds with maintenance on site.
- ?Negotiable: John Deere Mower, four-wheel drive loader, and Club Cadet Zero Turn.
- 8 pads, Tenant Owned Homes.
- Quiet countryside location with wooded lot across the street.
Executive Summary
Well-Maintained Mobile Home Park Offered.? Rare offering, long-established Mobile Home Park and parcel #2.? Totaling 8 pads in the quiet countryside of Lyons.? On 4.74 acres.? Tax ID #71112/643661 & #71112/598656.? Please see tax maps.?
This well-maintained park may include all on-site equipment, comprised of 4-wheel drive loader, Club Cadet Zero Turn, and John Deere riding mower, each individually housed in their own shed.? The equipment is negotiable.? Pads rent for $375/month, which includes the fee for mowing.?
Rents are slated to increase to $400/month in the future.? Tenants have ROFR.? An on-site maintenance man.? Tenants have their own storage sheds.? Tenant Owned homes!
This well-maintained park may include all on-site equipment, comprised of 4-wheel drive loader, Club Cadet Zero Turn, and John Deere riding mower, each individually housed in their own shed.? The equipment is negotiable.? Pads rent for $375/month, which includes the fee for mowing.?
Rents are slated to increase to $400/month in the future.? Tenants have ROFR.? An on-site maintenance man.? Tenants have their own storage sheds.? Tenant Owned homes!
Property Facts
| Price | $295,000 | Apartment Style | Garden |
| Price Per Unit | $36,875 | Building Class | C |
| Sale Type | Investment | Building Size | 8,000 SF |
| Cap Rate | 7.40% | No. Stories | 1 |
| No. Units | 8 | Year Built | 1998 |
| Property Type | Multifamily | Parking Ratio | 2/1,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $295,000 |
| Price Per Unit | $36,875 |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Building Size | 8,000 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Parking Ratio | 2/1,000 SF |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $183,200 | |
| Land Assessment | $174,200 | Total Assessment | $357,400 |
Property Taxes
Parcel Numbers
Land Assessment
$174,200
Improvements Assessment
$183,200
Total Assessment
$357,400
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8603-8675 Bishop Rd