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    6258 Us Highway 11 Canton, NY 13617

    Sponsored
    For Sale
    $489,000

    8.5 Acres, 30 Spaces, High Occupancy

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a well-established mobile home park situated on a spacious 8.5-acre lot in Canton, NY. The park currently boasts 30 mobile home spaces, with a strong occupancy rate of 22 currently occupied sites. This translates to significant immediate cash flow and substantial future growth potential. The property is equipped with a comprehensive septic system designed to handle the entire park's needs, eliminating the complexities and costs associated with individual septic systems. Maintaining the park's infrastructure is simplified by the existing caretaker who is responsible for road maintenance within the park. This turnkey operation offers a streamlined approach to ownership, minimizing operational overhead and maximizing profitability. Detailed financial records are available upon request for qualified buyers to thoroughly assess the park's performance and projected returns. This is a rare chance to acquire a well-maintained, high-occupancy mobile home park in a desirable location, offering a compelling blend of immediate income and long-term appreciation potential. The property's substantial acreage also presents opportunities for future expansion or development, further enhancing its investment appeal. Serious inquiries only, please. Financial information will be provided to qualified buyers with proof of funds.

    Property Features for 6258 Us Highway 11

    General Information

    Property type
    Residential income properties
    Lot Size
    370,260 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Skin Care Clinic Wholesale Shop Auto Parts Store Garden Center Storage Facility Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    St. Lawrence
    State
    New York
    Longitude
    -75.11971
    Latitude
    44.61049

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    FAQs

    What type of property is this?
    Residential income property - 8.5 Acres, 30 Spaces, High Occupancy
    Where is this residential income property located?
    The property is located at 6258 Us Highway 11 Canton, NY.
    What is the asking price?
    The asking price for this property is $489,000.
    Request Owner's contact information
    6258 Us Highway 11 Canton, NY 13617
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    Canton, NY 13617
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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
    6258 Us Highway 11 Canton, NY 13617
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