2600 Us-20A Varysburg, NY 14167

This exceptional investment opportunity presents a 25-unit mobile home park situated on a spacious 5.17-acre lot in Varysburg, New York. Built in 1970, the park boasts a strong 93.13% occupancy rate, generating a current Net Operating Income (NOI) of $92,325, translating to an attractive 11.19% capitalization rate. Pro-forma projections indicate an even more compelling 11.66% cap rate and a NOI of $96,231. The park's inventory includes 20 tenant-owned homes and 3 park-owned homes, all operating under rent-to-own agreements. Two vacant lots offer potential for future expansion or additional revenue streams. The property benefits from a public water system and a private septic system, ensuring efficient and reliable infrastructure. Strategically located at 2600 US-20A in Wyoming County, New York (zip code 14167), this Class B property offers a solid foundation for a lucrative investment in the Western New York market. The asking price for this well-maintained mobile home park is $825,000. This represents a rare chance to acquire a proven, cash-flowing asset with significant upside potential. The property's strong performance metrics and favorable location make it an ideal addition to any real estate portfolio.