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    Mobile home & RV parks

    Dutch Hill Rd, Boonville, NY 13309

    840 SF 56 ac lot Built 1996
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 56-acre mobile home park situated on Dutch Hill Rd, Boonville, NY. Currently featuring 16 built and leased sites, this property boasts pre-approval for an additional 32 sites, with the potential to expand to 120-140 sites overall. The expansive land offers mostly level, sandy terrain, ideal for development. A significant advantage is the approximately 250 feet of frontage along Alder Creek, a tributary of the Black River. This prime location offers a tranquil setting while maintaining convenient access to major areas. The park is strategically located between Old Forge and Utica, providing a less than 30-minute commute to Utica's downtown area. The existing 840 square feet of developed space provides immediate income generation, while the substantial undeveloped acreage presents significant upside potential for future expansion and revenue growth. Detailed lot information is available upon request. This North Country property is perfectly positioned for investors seeking a scalable, high-return mobile home park investment with considerable room for expansion. The existing infrastructure and pre-approved sites minimize initial development hurdles, allowing for a rapid return on investment. This is a rare opportunity to acquire a well-situated, expandable mobile home park in a desirable location.

    Property profile
    Verified
    Property type Mobile home & RV parks
    Year built 1996
    Total area 840 SF
    Lot 56 ac (2,439,360 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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