Remarks

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 all pay 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 $525 a month lot rent and the apartments get between $500-$600 a month rent. Total rent gross is $133,500. Expenses are approximately $46,600 a year. This area is growing really fast, there will never be a problem getting tenants

Details

MLS#: 20232539
Price: $1,200,000

Style: Other
Sq Ft: 2816
Year Built: 1950

County: Sullivan
Lot Size: 5.09
Tax Fee: 31555

School District: Fallsburg Central Schools