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Investment Highlights

  • Well Maintained
  • Located just outside the city

Executive Summary

Prime investment opportunity. Mobile home park just outside the city of Gloversville. Twenty four units; 16 are owned by the landlord.

Attachments

562 Hwy 29A Map

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $149,412 $6.23
Other Income - -
Vacancy Loss - -
Effective Gross Income $149,412 $6.23
Taxes - -
Operating Expenses - -
Total Expenses $53,474 $2.23
Net Operating Income $95,938 $4.00

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $149,412
Annual Per SF $6.23
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $149,412
Annual Per SF $6.23
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $53,474
Annual Per SF $2.23
Net Operating Income
Annual $95,938
Annual Per SF $4.00

Property Facts

Price $959,380
Price Per Unit $39,974
Sale Type Investment
Cap Rate 10%
Sale Condition Business Value Included
No. Units 24
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Manufactured Housing Mobile Home Park
Building Class C
Lot Size 5.92 AC
Building Size 24,000 SF
Average Occupancy 80%
No. Stories 1
Year Built 1965
Parking Ratio 2/1,000 SF
Zoning R1 - Residential

About 962 STATE HIGHWAY 29A , GLOVERSVILLE, NY 12078

Well kept 24 unit mobile home park just outside the city of Gloversville. Public water. Private septic - one serves all 24 trailers. Landlord owns 16 of the trailers, 5 of which are vacant. 2026 estimated NOI $95,938

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
  • Listing ID: 40696298

  • Date on Market: 5/28/2026

  • Last Updated:

  • Address: 962 State Highway 29A, Gloversville, NY 12078

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