Manufactured Housing Community with 88
For Sale
Contact for pricing
Pending
413 Saratoga Rd, Glenville, NY 12302
Glenville Manor Estates is an 88-unit manufactured housing community with landlord-paid water and septic services.
Property SizeContact for details
Days on Market210
Property Features for 413 Saratoga Rd
General Information
Standard status
Pending
Class
B
Property subtype
Mobile Home Park
Occupancy
83%
Investment Type
Value Add
Building Details
Units
88
Listing Agency:
Marcus & Millichap - Charlotte Uptown
Listed By:
Glenn Esterson · License #NC 272218
Source:
Crexi
Added: Mar 26
Changed: Oct 19
Last Checked: Oct 20 at 8:40PM
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 Marcus & Millichap - Charlotte Uptown
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Investment Insights
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Glenville Manor Estates is a manufactured housing community with 88 total units. The community includes 70 tenant-owned homes, 1 occupied single-family home, and 2 garages, along with 14 vacant mobile home lots and 1 vacant garage. Several vacant lots require concrete pads and utility connections, while others have partial or full infrastructure in place. The property also features roads that are private and paved, with landlord mowing of common areas.
The community is located in Glenville, NY, approximately 15 miles northwest of Albany along Saratoga Road (NY Route 50). The site is serviced by public water with the landlord paying for water, and septic service with 2 sewer pumps, also covered by the landlord and included in rent. Trash is curbside and billed back to tenants at $23 per month, while electric, gas/propane, and cable are tenant-paid via direct bill. Solar-powered streetlights support minimal common area electric expense, estimated at approximately $85 per month.
The community sits on approximately 9 acres and is not in a Flood Zone and not in an Opportunity Zone. There are 14 vacant mobile home lots that may support infill and stabilization efforts.
The community is located in Glenville, NY, approximately 15 miles northwest of Albany along Saratoga Road (NY Route 50). The site is serviced by public water with the landlord paying for water, and septic service with 2 sewer pumps, also covered by the landlord and included in rent. Trash is curbside and billed back to tenants at $23 per month, while electric, gas/propane, and cable are tenant-paid via direct bill. Solar-powered streetlights support minimal common area electric expense, estimated at approximately $85 per month.
The community sits on approximately 9 acres and is not in a Flood Zone and not in an Opportunity Zone. There are 14 vacant mobile home lots that may support infill and stabilization efforts.
Key Highlights
- 88 total units: 70 tenant‑owned homes (TOH) plus 14 vacant mobile home lots and 1 vacant garage for infill/stabilization potential
- Projected MH lot rent: average $512/month with projected market lot rent of $650/month (approx. $138/month natural rent growth per occupied lot)
- Landlord pays public water and septic (included in rent), plus water/septic via 2 sewer pumps (landlord‑paid, included in rent)
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Trade Area within ½ mile
116
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Demographics for 12302, NY
27,618
Population
12,406
Households
2.2
Avg Household Size
45
Median Age
42%
College-Educated
95%
High-School Grad
43.3 sq mi
ZIP Area
638
Density / Sq Mi
$94,156
Median Household Income
$55,305
Median Earnings
$1,207
Median Rent
$240,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Glenville Manor Estates is an 88-unit manufactured housing community with landlord-paid water and septic services.
Where is this mobile home & rv park located?
The property is located at 413 Saratoga Rd Glenville, NY.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 88 total units: 70 tenant‑owned homes (TOH) plus 14 vacant mobile home lots and 1 vacant garage for infill/stabilization potential; Projected MH lot rent: average $512/month with projected market lot rent of $650/month (approx. $138/month natural rent growth per occupied lot); Landlord pays public water and septic (included in rent), plus water/septic via 2 sewer pumps (landlord‑paid, included in rent)
