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Glenville Manor 413 Saratoga Rd

88 Unit Mobile Home Park $4,840,000 ($55,000/Unit) 6% Cap Rate Schenectady, NY 12302

Mobile Home & RV Parks New York Schenectady 413 Saratoga Rd, Schenectady, NY 12302

Executive Summary

* 88 site Park
* All Tenant-Owned Homes except 1 Stick-Built Home & 3 Garage Spaces.
* 14 Vacant Lots
* Paved Roads
* City Water and Septic
* Tenants pay for Garbage and Electricity
* Park Manager will stay on
* Maintenance person will stay on
* Located in Albany-Schenectady-Troy Metro Area

Attachments

GlenvilleManor (Final)-compressed

Property Facts

Price $4,840,000 Apartment Style Garden
Price Per Unit $55,000 Building Class C
Sale Type Investment Lot Size 8.85 AC
Cap Rate 6% Building Size 1 SF
Gross Rent Multiplier 9.26 Average Occupancy 82%
No. Units 88 No. Stories 1
Property Type Multifamily Year Built 1970
Property Subtype Manufactured Housing/Mobile Home
Price $4,840,000
Price Per Unit $55,000
Sale Type Investment
Cap Rate 6%
Gross Rent Multiplier 9.26
No. Units 88
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 8.85 AC
Building Size 1 SF
Average Occupancy 82%
No. Stories 1
Year Built 1970
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(518) 288-7227

  • Listing ID: 33476569

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 413 Saratoga Rd, Schenectady, NY 12302

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Glenville Manor | 413 Saratoga Rd
(518) 288-7227 x

Glenville Manor | 413 Saratoga Rd

Claude Loiselle, Esq.,

(518) 288-7227

(518) 288-7227

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