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1 Main St

deposit, NY 13754

$525,000

    Interested? Let's Connect

    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.

    Details

    1,080 Sq Ft

    0.75 Private Acres Lot Size

    commercial

    $16,755 Annual Tax

    Built in 2008

    MLS/Listing ID R1660258

    1 Stories

    16 Units

    Amenities & Features

    Cooling - Central Air

    Heating - Gas

    Lot - Rectangular Lot

    Parking - Driveway

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