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    Dutch Hill Rd Boonville, NY 13309

    Sponsored
    For Sale
    $995,000

    High-growth potential, 56 acres, 16 leased sites.

    Property size:
    840 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a 56-acre mobile home park situated on Dutch Hill Rd, Boonville, NY. Currently featuring 16 built and leased sites, this property boasts pre-approval for an additional 32 sites, with the potential to expand to 120-140 sites overall. The expansive land offers mostly level, sandy terrain, ideal for development. A significant advantage is the approximately 250 feet of frontage along Alder Creek, a tributary of the Black River. This prime location offers a tranquil setting while maintaining convenient access to major areas. The park is strategically located between Old Forge and Utica, providing a less than 30-minute commute to Utica's downtown area. The existing 840 square feet of developed space provides immediate income generation, while the substantial undeveloped acreage presents significant upside potential for future expansion and revenue growth. Detailed lot information is available upon request. This North Country property is perfectly positioned for investors seeking a scalable, high-return mobile home park investment with considerable room for expansion. The existing infrastructure and pre-approved sites minimize initial development hurdles, allowing for a rapid return on investment. This is a rare opportunity to acquire a well-situated, expandable mobile home park in a desirable location.

    Property Features for Dutch Hill Rd

    General Information

    Property type
    Residential income properties
    Square Feet
    840 SF
    Lot Size
    2,439,360 SF

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Boonville
    County
    Oneida
    State
    New York
    Longitude
    -75.41037
    Latitude
    43.51363

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    FAQs

    What type of property is this?
    Residential income property - High-growth potential, 56 acres, 16 leased sites.
    Where is this residential income property located?
    The property is located at Dutch Hill Rd Boonville, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    (315) 682-4500
    Request Owner's contact information
    Dutch Hill Rd Boonville, NY 13309
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    Boonville, NY 13309
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Dutch Hill Rd Boonville, NY 13309
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