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  • For sale
Upstate New York MHC Portfolio - #1
Upstate New York MHC Portfolio - #2
Upstate New York MHC Portfolio - #3
Upstate New York MHC Portfolio - #4

For Sale

$2,700,000 USD

Colliers Manufactured Housing & RV Group presents the investment opportunity to acquire the 91-site, 2 park Upstate New York MHC Portfolio. The two mostly tenant-owned communities span over 21 acres and are located within 15 minutes of each other in the scenic and peaceful atmosphere of the greater Rochester, New York, MSA. 

 

The asking price for the property is $2,700,000 ($29,670/site)

The asking price represents a 7.75% cap rate on T-1/T-12 NOI and there is approximately $130,000 of note and vacant home value.