32191 Wilton Rd, Carthage, NY 13619
32191 Wilton Rd, Carthage, NY 13619
32191 Wilton Rd, Carthage, NY 13619
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Hal Blake

Hal Blake

+1(718) 608-4892
$299,000
Est. payment /mo
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11952079

Property Description

Fairhaven Mobile Home Park is a 12-lot manufactured housing community on approximately 2.9 acres in the Town of Champion (Carthage mailing address), about 10 minutes from Fort Drum. Eight lots are occupied by tenant-owned homes paying lot rent; four vacant pads have water, sewer, and electric hookups in place. The park is served by municipal water and sewer (Town of Champion districts) and National Grid electric - no well or septic to maintain. Filling the four vacant pads brings stabilized NOI to approximately $39,600, a 13.2% yield on today's price. Because the homes are tenant-owned, landlord obligations are limited to the land, utility infrastructure, and the private drive, keeping capital expenditures low. The sale includes two parcels (tax IDs 76.05-1-12.1 and 76.05-1-11.3): the park itself plus an adjacent vacant commercial strip with long Wilton Rd frontage for expansion or signage. Offered at $299,000. Offering memorandum with rent roll and financials available on request.

Location

State NY

County 36045

Rooms

Dining Room 0

Kitchen 0

Building

Sewer Municipal

Water Municipal

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Hal Blake
Hal Blake

Broker License ID: 10491210994

+1(718) 608-4892

1110 South Ave, Staten Island, NY 10314-3403, USA

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