1088 1092 Violet Ave

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Address: 1088 1092 Violet Ave, Hyde Park, New York, US
New York & Tri-State + MHC & RV Community
Created date: May 7, 2024
Date last updated: May 7, 2024
  • High Cash Flow Opportunity
  • 10.04% Year 1 Cap Rate
  • Recent Cap Ex
  • Siding and Renovating Cabins
  • Value-Add Opportunity
  • 12.19% Pro Forma Cap Rate

Property Description

Northeast Private Client Group is pleased to exclusively present for sale 1088-1092 Violet Avenue. The Property consists of a total of 18 pads (11 Trailers owned by the seller, 7 pads only lot rent), 14 cabins, and 1 house for a total of 33 Units on 5.45 acres of land. The property provides an opportunity to purchase a high cap rate community with significant upside. A new owner would benefit from replacing the older trailers with newer units to capture market lot rents, along with site work such as paving the driveway.
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Broker Details

Jeff Wright
Jeff Wright

Northeast Private Client Group 203-307-1581

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: MHC & RV Community
Price: $1,400,000
No. of Units: 33
Year Built: 1950
Lot Size: 5.45 Sq ft
Opportunity Zone: No
Price per unit: $42,424
Property Website Click Here
Address: 1088 1092 Violet Ave, Hyde Park, NY 12538, USA
Provided by:

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