UPDATED:
Key Details
Property Type Commercial
Sub Type Mobile Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,480 sqft
Price per Sqft $200
MLS Listing ID R1705404
Construction Status Existing
HOA Y/N No
Year Built 1991
Annual Tax Amount $29,270
Lot Size 5.080 Acres
Acres 5.08
Lot Dimensions 74X925
Property Sub-Type Mobile Home
Property Description
Pro forma gross income is approximately $178,000 annually, with additional upside potential. Current rents throughout the property are considered below market, including mobile-home lot rents, apartment rents, and self-storage rents, providing an incoming owner with meaningful opportunity for future income growth. Only three self-storage units are currently vacant.
The mobile-home residents own their homes and maintain their individual lots and driveways. Public water and sewer serve the property, with individual water metering at the mobile-home sites. A potential 22nd mobile-home pad currently serves as a grassy playground area for the daycare; water and electric service remain in place, offering possible future redevelopment as an additional income-producing pad subject to applicable requirements.
The main commercial building was originally constructed as a laundromat with exceptionally substantial construction and infrastructure. The first floor is currently occupied by a daycare, while the original plumbing, drainage, and substantial electrical infrastructure offer future flexibility should the space ever be repurposed. Two residential apartments occupy the second floor.
Long-term ownership has maintained the property in very good condition with limited deferred maintenance. Diversified tenancy, strong historical occupancy, public utilities, and considerable rent-growth potential make this a rare turnkey income-producing opportunity.
Detailed financial information, operating statements, leases, surveys, and additional property documentation are available to qualified buyers upon request and proof of funds or financing capability.
Location
State NY
County Livingston
Area Mount Morris-Village-243601
Zoning MH
Rooms
Basement Full
Interior
Heating Gas, Baseboard, Forced Air, Multiple Heating Units, Radiant
Inclusions Land, Building and Business, Other - See Remarks
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Architectural,Metal,Shingle
Total Parking Spaces 50
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Blown-In Insulation
Construction Status Existing
Schools
School District Mount Morris
Others
Tax ID 243601-115-007-0002-063-001-0000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Nearby Locations
Khem Kadariya
Phone