670 Granite Rd
Kerhonkson, NY 12446

$839,000 USD

Manufactured Housing Mobile Home Park For Sale • 1,300 SF

Property Details

Property Type Manufactured Housing Mobile Home Park
Total Building Size 1,300 SF
Lot Size 12.2 AC
Building Class C
Year Built 1990
Cap Rate 8.66 %

0 Transit Score

10 Walk Score

                
                    Highlights
                
                                Situated approximately 80 miles from New York City, offering convenient access to major metropolitan markets.
                            
                                Positioned on a 12.2-acre parcel with only 2 acres developed, providing significant expansion potential for up to 36 additional sites (subject to appr
                            
                                Existing infrastructure includes a well and seven septic tanks in strong operating condition.
                            
                                Located near attractions such as Minnewaska State Park, local wineries, restaurants, hospitals, and major retailers, including Walmart.
                            
                                Strong market fundamentals with Ulster County rental vacancy rates below 1%, supporting consistent occupancy and income growth.
                            
                                Majority tenant-owned homes with one park-owned unit, reducing management intensity and operational expenses while creating an opportunity for upside