Sullivan Mobile Home Park

22 Unit Mobile Home Park | $1,200,000 ($54,545/Unit) | Fallsburg, NY 12747

Asking Price $1,200,000

Property Type: Multifamily
Square Feet: 15,400 SF

Listing Contacts

Winton Morrison

Verified Profile

Property Info

Property Overview

Mobile home park with a four family house. What a moneymaker! 22 rentals in all. There are 18 slabs, currently 17 have mobile homes on them. The house has three one bedroom apartments and one two bedroom apartment. Every one owns their trailer and pays rent for the slab. They al lpay their own utilities. There are paved roads and lighting for the mobile home park. You will find this 5.9 acre property in the Catskills Borscht Belt. Back in its heyday this area was home to numerous hotels and bungalow colonies and boarding houses. Beautiful Loch Sheldrake is also home of Sullivan County Community College and the Lochmor Golf Course. Each trailer pays $400 a month and the apartments get between$500-$600 a month rent. Total rent gross is $133,000. Expenses are approximately $46,000 a year. This area is growing really fast, there will never be a problem getting tenants

Property Details

Class: C
Year Built: 1950
Stories: 1
Property Subtype: Manufactured Housing/Mobile Home
Lot Size (sq. ft): 221,720 SF
Units: 22

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