Dutch Hill Rd, Boonville, NY 13309
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.