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Three-Home Mobile Home Park
New
For Sale
$300,000

348 Vandeusen Rd, Davenport, NY 13750

Occupied park-owned homes offer residential income with approved water and electrical service already in place.

Property Size1,280 SF
Lot Size1.00 Acre
Days on Market4

Property Features for 348 Vandeusen Rd

General Information

Standard status Active
Size 1,280 SF
Lot size 1.00 Acre
Property subtype Multi Family
Occupancy 100%

Additional Details

Gross Income $37,200
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,933

Building Details

Building Size 1,280 SF
Year Built 2008
Buildings 3
Stories 1
Units 3
Tenancy Multi
Listing Agency: Keller Williams Upstate New York Properties
Listed By: Hazen Reed · License #10401290369
Source: Elliman
Added: Aug 2 Changed: Aug 3 Last Checked: Aug 5 at 10:57AM

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 Keller Williams Upstate New York Properties

Investment Insights

Based on property information with market context.

This one-acre mobile home park at 348 Vandeusen Rd in Davenport, NY, includes three park-owned, single-wide manufactured homes. The residences are occupied and configured as two 3-bedroom homes and one 2-bedroom home. Their layouts include a mix of full bathrooms, along with features such as a front stoop, rear porch, dedicated parking, and a woodland view.

Recent work to appliances, heating, and electrical systems has been approved by town code enforcement. Two septic systems serve the property, with installation dates of 2008 and 2023. Approved water and electrical service are already established, and landscaping is nearly complete. The property was built in 2008 and combines three rental homes on a single parcel.

Key Highlights

  • Three park‑owned single‑wide manufactured homes on 1 acre
  • Unit mix includes two 3‑bedroom homes and one 2‑bedroom home
  • All three units are occupied and paying rent

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.1k $20.40
− Vacancy −$1.4k −$1.10
EGI $24.7k $19.30
− OpEx −$11.1k −$8.68
NOI $13.6k $10.61
1,280 SF · lease $20.40/SF/yr · vacancy 5.40% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$194.1K
$169.8K – $226.4K (±1% cap)
NOI $13,586 @ 7.0% cap · market cap 4.53%
Second Best
no second resolved use
Theoretical Best
Office A
$628.0K
$549.5K – $732.7K (±1% cap)
NOI $43,960 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Garden Center Restaurant Gym & Fitness Center Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 13750, NY

936
Population
499
Households
1.9
Avg Household Size
47
Median Age
44%
College-Educated
98%
High-School Grad
23.8 sq mi
ZIP Area
39
Density / Sq Mi
$64,940
Median Household Income
$47,770
Median Earnings
$788
Median Rent
$168,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Occupied park-owned homes offer residential income with approved water and electrical service already in place.
Where is this mobile home & rv park located?
The property is located at 348 Vandeusen Rd Davenport, NY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three park‑owned single‑wide manufactured homes on 1 acre; Unit mix includes two 3‑bedroom homes and one 2‑bedroom home; All three units are occupied and paying rent
More about this property
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