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Ko-Z Mobile Home Park 962 State Highway 29A 24 Unit Mobile Home Park $1,327,350 CAD ($55,306 CAD/Unit) 10% Cap Rate Gloversville, NY 12078
Investment Highlights
- Well Maintained
- Located just outside the city
Executive Summary
Prime investment opportunity. Mobile home park just outside the city of Gloversville. Twenty four units; 16 are owned by the landlord.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$206,719
|
$8.61
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$206,719
|
$8.61
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$73,984
|
$3.08
|
| Net Operating Income |
$132,735
|
$5.53
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $206,719 |
| Annual Per SF | $8.61 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $206,719 |
| Annual Per SF | $8.61 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $73,984 |
| Annual Per SF | $3.08 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $132,735 |
| Annual Per SF | $5.53 |
Property Facts
| Price | $1,327,350 CAD | Building Class | C |
| Price Per Unit | $55,306 CAD | Lot Size | 5.92 AC |
| Sale Type | Investment | Building Size | 24,000 SF |
| Cap Rate | 10% | Average Occupancy | 80% |
| Sale Condition | Business Value Included | No. Stories | 1 |
| No. Units | 24 | Year Built | 1965 |
| Property Type | Multifamily | Parking Ratio | 2/1,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | R1 - Residential | ||
| Price | $1,327,350 CAD |
| Price Per Unit | $55,306 CAD |
| Sale Type | Investment |
| Cap Rate | 10% |
| Sale Condition | Business Value Included |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 5.92 AC |
| Building Size | 24,000 SF |
| Average Occupancy | 80% |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R1 - Residential |
About 962 STATE HIGHWAY 29A , GLOVERSVILLE, NY 12078
Well kept 24 unit mobile home park just outside the city of Gloversville. Public water. Private septic - one serves all 24 trailers. Landlord owns 16 of the trailers, 5 of which are vacant. 2026 estimated NOI $95,938
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 172800 149.8-18-3.2 | Improvements Assessment | $288,813 CAD (2025) |
| Land Assessment | $143,510 CAD (2025) | Total Assessment | $432,323 CAD (2025) |
Property Taxes
Parcel Number
172800 149.8-18-3.2
Land Assessment
$143,510 CAD (2025)
Improvements Assessment
$288,813 CAD (2025)
Total Assessment
$432,323 CAD (2025)
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Ko-Z Mobile Home Park | 962 State Highway 29A
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