121 Cooper Rd Fishkill, NY 12524-2418

This exceptional investment opportunity presents a 13-unit mobile home park situated on a 3-acre lot in Wappingers Falls, NY, conveniently located at 121 Cooper Rd, Fishkill, with a zip code of 12524. Currently boasting 100% occupancy, the park generates a strong Net Operating Income (NOI) of $78,168, translating to an attractive 8.93% capitalization rate. Pro forma projections indicate an even more compelling 9.31% cap rate and a NOI of $81,503, based on the current rental income structure. The income stream is comprised of twelve mobile home lots rented at $675 per month each, and one single-family home rented at $1,650 per month. The property features well and septic infrastructure, ensuring efficient and cost-effective operation. This well-maintained park presents a solid foundation for immediate cash flow and significant future growth potential. The property is classified as Class C and is located in Dutchess County, New York, at latitude 41.557425 and longitude -73.899876. This is a turnkey operation ideal for an investor seeking a stable, high-yielding asset in a desirable location. The asking price for this lucrative investment is $875,000.