2657 State Rte 3 Fulton, NY 13069
73-site mobile home community with upside potential.
Type:Mobile Home Park
- Added:
- Feb 18, 2026
- Days on Market:
- 42
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 2657 State Rte 3
General Information
- Standard status
- Active
- Property subtype
- Mobile Home Park
Listing agent Phillip Li License #2563988
Listing office eXp Commercial
Listing date Feb 18, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial
Overview
Mobile Home Community in Fulton
Silber Syracuse is a 73-site mobile home community located in Fulton, NY. The property features 20 tenant-owned homes with a monthly rate of $411, 31 occupied park-owned homes at $859 per month, 11 vacant park-owned homes, 3 occupied apartments at $680 per month, and 8 vacant lots equipped with full infrastructure including water, sewer, trash, and pads. The occupied park-owned homes have been fully remodeled and are of approximately 1990s vintage. The investment strategy involves gradual rent increases to market rates, renovating and leasing or selling vacant park-owned homes, and developing the remaining eight sites. Additional opportunities include implementing water billbacks and converting two existing 3,000 SF storage buildings into rentable storage bays. Comparable remodeled homes (1980s–2000s vintage) in the area have sold for between $40,000 and $100,000. The park is served by city water and on-site septic, with two large tanks servicing the community. Silber Syracuse offers immediate cash flow with potential from utility reimbursements, occupancy gains, and infill in a metro area of over 650,000 residents, supported by a planned $100 billion investment by Micron, expected to create 9,000 direct jobs and 50,000 indirect jobs over the next 15 years. The seller is willing to provide a small second-lien seller-financed note to qualified buyers, collateralized by park-owned homes, to support financing.
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Location Insight
- Map
- Local Demand
- City
- Fulton
- County
- Oswego
- State
- New York
- Longitude
- -76.3860429
- Latitude
- 43.3350376
Nearby Similar for Sale
FAQs
What type of property is this?
Mobile home & RV park - 73-site mobile home community with upside potential.
Where is this mobile home & rv park located?
The property is located at 2657 State Rte 3 Fulton, NY.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Day‑one cash flow with potential for double‑digit cash‑on‑cash returns and an estimated ~25% IRR.; Significant upside potential through rent increases, renovating/selling vacant homes, and infilling vacant lots.; Micron's $100B investment in the area, projected to create 9,000 direct and 50,000 indirect jobs.
