Remarks

Rare and incredible investment opportunity! Purchase a Mobile Home Park with proven longevity and currently an approximate $96,000 annual gross income! This business has been owned and diligently cared for by the same person for over 18 years! Maximum total of 24 homes are permitted in the park. 19 homes are currently present and rented. 13 of these homes are owned by the Seller. Seller has electrical boxes on site allowing the opportunity for 5 additional homes to reach maximum capacity. An acceptable offer may include a variety of valuable maintenance tools and belongings; facilitating an easy and seamless transition for the new Owner. Close proximity and easy half-hour commute to Ithaca, Elmira, Owego, and Sayre. What is the likelihood that another investment opportunity like this will happen in the near future? Depending upon terms-Seller financing may be available.

Details

MLS#: R1507106
Price: $550,000

Sq Ft: 1120
Year Built: 1989

County: Chemung
Lot Size: 167 x 1070
Tax Fee: 0

School District: Spencer-van Etten