317 NY-32 - Quaker Springs Mobile Home Park
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317 NY-32 - Quaker Springs Mobile Home Park
1,111 SF Specialty Building Offered at $375,000 in Schuylerville, NY 12871
INVESTMENT HIGHLIGHTS
- 17 acres to be developed
- all slots filled
- located near Saratoga Springs.
- park can be expanded
- established mobile home park, with 10 mobiles in place
EXECUTIVE SUMMARY
This is an established mobile home park, with 10 mobiles in place and the county has approved expansion with proper permits. The current owner would be willing to stay in 1. unit, and maintain the park. Each lot beings $400.00 a month, separate utilities for each trailer. Owner pays electric in well house to keep it from freezing, septic up keep and plowing, and taxes. The park sits on 5 acres, leaving 17 acres to be developed. This is located near Saratoga Springs.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$48,000
|
$43.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$48,000
|
$43.20
|
| Taxes |
$10,000
|
$9.00
|
| Operating Expenses |
$3,000
|
$2.70
|
| Total Expenses |
$13,000
|
$11.70
|
| Net Operating Income |
$35,000
|
$31.50
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $43.20 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $43.20 |
| Taxes | |
|---|---|
| Annual | $10,000 |
| Annual Per SF | $9.00 |
| Operating Expenses | |
|---|---|
| Annual | $3,000 |
| Annual Per SF | $2.70 |
| Total Expenses | |
|---|---|
| Annual | $13,000 |
| Annual Per SF | $11.70 |
| Net Operating Income | |
|---|---|
| Annual | $35,000 |
| Annual Per SF | $31.50 |
PROPERTY FACTS
| Price | $375,000 | Building Class | C |
| Price Per SF | $337.53 | Lot Size | 21.26 AC |
| Sale Type | Investment or Owner User | Building Size | 1,111 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1976 |
| Property Subtype | Trailer/Camper Park | Parking Ratio | 9/1,000 SF |
| Price | $375,000 |
| Price Per SF | $337.53 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 21.26 AC |
| Building Size | 1,111 SF |
| No. Stories | 1 |
| Year Built | 1976 |
| Parking Ratio | 9/1,000 SF |
AMENITIES
- Air Conditioning
ABOUT 317 NY-32 , SCHUYLERVILLE, NY 12871
on the 17 acres, the park could be expanded, or new camp grounds developed for seasonal Saratoga, or storage units
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PROPERTY TAXES
| Parcel Number | 415089-182-000-0001-069-000-0000 | Total Assessment | $408,600 |
| Land Assessment | $63,000 | Annual Taxes | $10,000 ($9.00/SF) |
| Improvements Assessment | $345,600 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
415089-182-000-0001-069-000-0000
Land Assessment
$63,000
Improvements Assessment
$345,600
Total Assessment
$408,600
Annual Taxes
$10,000 ($9.00/SF)
Tax Year
2023
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317 NY-32 - Quaker Springs Mobile Home Park
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