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Indian Hills MHC New York 96 86 Unit Mobile Home Park $5,713,344 CAD ($66,434 CAD/Unit) 6.36% Cap Rate Waterloo Township, NY 13165
Executive Summary
- 85 tenant owned homes
- Pull barn on property with office (currently rented by a beauty salon for $440 per month)
- 100% occupied
- Public Water and Public Sewer
- Town picks up garbage
- Paving and plowing done by town (Town owns the roads)
- 23 Double Wides have lot rent at $495 a month
- 46 Double Wides have lot rent at $440 a month
- 16 Single Wides have lot rent at $395 a month
- Residents pay their own water & sewer bills
- Located in Seneca County
- Pull barn on property with office (currently rented by a beauty salon for $440 per month)
- 100% occupied
- Public Water and Public Sewer
- Town picks up garbage
- Paving and plowing done by town (Town owns the roads)
- 23 Double Wides have lot rent at $495 a month
- 46 Double Wides have lot rent at $440 a month
- 16 Single Wides have lot rent at $395 a month
- Residents pay their own water & sewer bills
- Located in Seneca County
Property Facts
| Price | $5,713,344 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $66,434 CAD | Apartment Style | Single-Family Home |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.36% | Lot Size | 41.00 AC |
| Gross Rent Multiplier | 9.09 | Average Occupancy | 100% |
| No. Units | 86 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Price | $5,713,344 CAD |
| Price Per Unit | $66,434 CAD |
| Sale Type | Investment |
| Cap Rate | 6.36% |
| Gross Rent Multiplier | 9.09 |
| No. Units | 86 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 41.00 AC |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1970 |
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Indian Hills MHC | New York 96
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