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Walnut Park Lane Walnut Park Ln

Mobile Home Park For Sale Milton, NY 12547

INVESTMENT HIGHLIGHTS

  • 40 Unit MHP located just South of Poughkeepsie
  • Close proximity to retail, parks, and major highways
  • 2 additional parcels (35+/- acres) perfect for the addition of more pads
  • All units are tenant owned providing limited landlord responsibility

EXECUTIVE SUMMARY

Prime investment opportunity in Ulster County, NY. This offering features a 40 unit mobile home park on 11+/- acres as well as 2 additional neighboring parcels (11 and 24 acres respectfully) totaling 46+/- acres. This value-add opportunity is perfect for a new or experienced operator that is looking to cash flow while getting approvals for an additional 40+/- units on the adjoining parcels and doubling the overall cash flow.
In close proximity to route 9W, I-87, NY State Route 32, a plethora of retail, state parks and the Mid-Hudson Bridge to Westchester County, this property leaves little to be desired.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income £167,011 £4.18

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual £167,011
Annual Per SF £4.18

PROPERTY FACTS

Sale Type Investment
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class B
Lot Size 46.00 AC
Building Size 40,000 SF
Number of Floors 1
Year Built 1980

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3600-103.001-0004-020.000-0000
Land Assessment
£78,336
Improvements Assessment
£916,813
Total Assessment
£995,149

ZONING

Zoning Code R1
R1
  • Listing ID: 30521078

  • Date on Market: 03/01/2024

  • Last Updated:

  • Address: Walnut Park Ln, Milton, NY 12547

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