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Walnut Park Lane Walnut Park Ln Mobile Home Park For Sale Milton, NY 12547
INVESTMENT HIGHLIGHTS
- 40 Unit MHP located just South of Poughkeepsie
- Close proximity to retail, parks, and major highways
- 2 additional parcels (35+/- acres) perfect for the addition of more pads
- All units are tenant owned providing limited landlord responsibility
EXECUTIVE SUMMARY
Prime investment opportunity in Ulster County, NY. This offering features a 40 unit mobile home park on 11+/- acres as well as 2 additional neighboring parcels (11 and 24 acres respectfully) totaling 46+/- acres. This value-add opportunity is perfect for a new or experienced operator that is looking to cash flow while getting approvals for an additional 40+/- units on the adjoining parcels and doubling the overall cash flow.
In close proximity to route 9W, I-87, NY State Route 32, a plethora of retail, state parks and the Mid-Hudson Bridge to Westchester County, this property leaves little to be desired.
In close proximity to route 9W, I-87, NY State Route 32, a plethora of retail, state parks and the Mid-Hudson Bridge to Westchester County, this property leaves little to be desired.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$210,000
|
$5.25
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $210,000 |
| Annual Per SF | $5.25 |
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 46.00 AC |
| Property Type | Multifamily | Building Size | 40,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | B | Year Built | 1980 |
| Zoning | R1 | ||
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | B |
| Lot Size | 46.00 AC |
| Building Size | 40,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | R1 |
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PROPERTY TAXES
| Parcel Number | 3600-103.001-0004-020.000-0000 | Improvements Assessment | $1,152,800 (2024) |
| Land Assessment | $98,500 (2024) | Total Assessment | $1,251,300 (2024) |
PROPERTY TAXES
Parcel Number
3600-103.001-0004-020.000-0000
Land Assessment
$98,500 (2024)
Improvements Assessment
$1,152,800 (2024)
Total Assessment
$1,251,300 (2024)
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Presented by
Skyline Real Estate Partners
Walnut Park Lane | Walnut Park Ln
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