Stewart's Trailer Park | 3145 Stewart Rd
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Stewart's Trailer Park 3145 Stewart Rd
120 Unit Mobile Home Park $4,000,000 ($33,333/Unit) 7.80% Cap Rate Vestal, NY 13850
Executive Summary
* 120 sites (98 Tenant Owned Homes, 1 Stick Built Home, 2 Park Owned Homes, 19 Vacant Lots)
* Town Water and Sewer
* Paved Roads
* Across from Lowe's
* 5 Miles from downtown Binghamton
* 3 Miles from Binghamton University
* Town Water and Sewer
* Paved Roads
* Across from Lowe's
* 5 Miles from downtown Binghamton
* 3 Miles from Binghamton University
Property Facts
| Price | $4,000,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $33,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 20.97 AC |
| Cap Rate | 7.80% | Building Size | 1 SF |
| Gross Rent Multiplier | 6.48 | Average Occupancy | 85% |
| No. Units | 120 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Price | $4,000,000 |
| Price Per Unit | $33,333 |
| Sale Type | Investment |
| Cap Rate | 7.80% |
| Gross Rent Multiplier | 6.48 |
| No. Units | 120 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 20.97 AC |
| Building Size | 1 SF |
| Average Occupancy | 85% |
| No. Stories | 1 |
| Year Built | 1970 |
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Claude Loiselle, Esq., -
IRE Investment
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Stewart's Trailer Park | 3145 Stewart Rd
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