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Harmony MHC Heritage Circle 21 Unit Mobile Home Park $1,800,000 ($85,714/Unit) 6.21% Cap Rate Patterson, NY 12563
EXECUTIVE SUMMARY
- 21 space community in the upstate NY market
- Private Utilities
- This property has a strong upside with one stick built home onsite that's rent is well below market!
- Located in Putnam County
- Private Utilities
- This property has a strong upside with one stick built home onsite that's rent is well below market!
- Located in Putnam County
PROPERTY FACTS
| Price | $1,800,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $85,714 | Building Class | C |
| Sale Type | Investment | Lot Size | 27.90 AC |
| Cap Rate | 6.21% | Building Size | 1,278 SF |
| Gross Rent Multiplier | 8.82 | Average Occupancy | 100% |
| No. Units | 21 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | R4 - Residential | ||
| Price | $1,800,000 |
| Price Per Unit | $85,714 |
| Sale Type | Investment |
| Cap Rate | 6.21% |
| Gross Rent Multiplier | 8.82 |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 27.90 AC |
| Building Size | 1,278 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | R4 - Residential |
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Harmony MHC | Heritage Circle
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