40 Meadow Lane, Champlain, NY 12919
- Added:
- Apr 26, 2026
- Days on Market:
- 71
- Last Refresh:
- Jul 5 at 11:06 pm
Property Features for 40 Meadow Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 26
- Bathrooms
- 12
- Rooms
- Bedroom 10, Bathroom 2, Bathroom 7, Bedroom 2, Bathroom 6, Bedroom 13, Bedroom 19, Bathroom 12, Bathroom 4, Bedroom 17, Bedroom 21, Bedroom 26, Bedroom 20, Bathroom 11, Bathroom 9, Bedroom 23, Bathroom 10, Bedroom 4, Bedroom 18, Bedroom 5, Bedroom 9, Bathroom 5, Bathroom 1, Bedroom 14, Bedroom 16, Bedroom 11, Bedroom 22, Bedroom 1, Bathroom 3, Bedroom 25, Bedroom 15, Bathroom 8, Bedroom 8, Bedroom 6, Bedroom 12, Bedroom 3, Bedroom 24, Bedroom 7
- Standard status
- Active Under Contract
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2087
Listing agent Kathleen Gordon License #31GO1064958 (518) 882-6236
Listing office INGLENOOK REALTY INC 1525 STATE HWY 29 POB 280, GALWAY, NY (518) 882-6236
Listing date Apr 26, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Champlain Mobile Home Park with 13 total units across two separate tax parcels sold together.
- Currently 85% occupied with value‑add upside through bringing occupancy toward 100%.
- Stated 11.94% cap rate for the 13‑unit mobile home park.
- All sites improved with 16x76 Alaskan slabs on every lot.
- Municipal utilities include public water and public sewer; natural gas available.
- Town‑maintained roads for reduced maintenance responsibility.
Overview
The park is being sold as two separate tax parcels, which must be purchased together. The property is located in Champlain, New York, in Clinton County. Additional description in the listing notes the community’s proximity to the Canadian border and key regional employment corridors.
For investors or operators, the current in-place income reflects the park’s 85% occupancy, while the listing also presents value-add opportunities tied to lease-up and operational execution. Those opportunities include bringing occupancy closer to 100% and adjusting lot rents to market levels, alongside streamlining management. The listing further cites an 11.94% cap rate and positions the asset within the stable, affordable housing segment, supported by the combination of municipal utilities and site improvements intended to limit certain types of recurring infrastructure expense.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Champlain
- County
- Clinton
- State
- New York
- Longitude
- -73.453136
- Latitude
- 44.984525
