Courtesy: Howard Hanna
607-563-1020
Excellent opportunity to acquire a cash-flowing manufactured home park operating at an approximately 10% cap rate, located in the Village of Deposit, NewYork. This rare two-parcel package is ideal for investors or owner-occupants seeking immediate income with built-in upside. Offered as a single sale, the property features 16 total lots, with 2 currently unoccupied, allowing for near-term revenue growth. The park is fully serviced by public village water and sewer. No water testing requirements by the Department of Health. The sale includes three park-owned manufactured homes. The 2008 Eagle Ridge double-wide has seen recent improvements, including a new water heater and range/microwave. It offers 3 bedrooms, 2 full baths, central air, a gas furnace, and an attached garage. Interior features include wood-paneled accents and a bonus room ideal for an additional bedroom or home office. The 1990 Titan single-wide features 2 bedrooms and 1 full bath, a large built-on porch, and a storage shed on the lot. The home has been updated with new flooring. The older-style single-wide includes a new refrigerator and recent bathroom updates. All remaining homes in the park are tenant-owned and occupied, providing consistent cash flow with limited landlord maintenance obligations. Parcels sold together: Tax Map #349.17-9-1 and Tax Map #349.17-3-12. Please respect residents’ privacy.
Laurens is located in New York. Laurens, New York has a population of 2,200. Laurens is less family-centric than the surrounding county with 20.38% of the households containing married families with children. The county average for households married with children is 24%.
The median household income in Laurens, New York is $54,494. The median household income for the surrounding county is $60,523 compared to the national median of $69,021. The median age of people living in Laurens is 50.5 years.
The average high temperature in July is 78.2 degrees, with an average low temperature in January of 11.9 degrees. The average rainfall is approximately 42.3 inches per year, with 79.7 inches of snow per year.
