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Dix Mobile Home Park 1028 Dix Ave

38 Unit Mobile Home Park $1,900,000 ($50,000/Unit) 7.65% Cap Rate Hudson Falls, NY 12839

Executive Summary

* 38 Lots
* All Tenant-Owned Homes
* 5 Vacant Lots
* 3.09 Acres
* City Water & Septic
* Tenants pay for Garbage, Water and Electricity
* Park Manager will stay on
* Park Maintenance person will stay on
* Located in Washington County

Property Facts

Price $1,900,000
Price Per Unit $50,000
Sale Type Investment
Cap Rate 7.65%
Gross Rent Multiplier 8.38
No. Units 38
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 3.09 AC
Building Size 1 SF
Average Occupancy 86%
No. Stories 1
Year Built 1968
  • Listing ID: 33477237

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 1028 Dix Ave, Hudson Falls, NY 12839

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