520 Bone Plain Rd Freeville, NY 13068

Property Details for 520 Bone Plain Rd

Year built

1977

Lot size

5.72 lot acres

Property size

720 SF

Property type

Mobile home & RV parks

APN

502489 21.-1-39.1

APU

502489211391

Description

This exceptional investment opportunity presents a fully rented 4-unit mobile home park situated on a spacious 5.72-acre lot in Freeville, New York. The property boasts a prime location offering easy access to Ithaca and the picturesque Finger Lakes region, ensuring consistent tenant demand. Currently generating strong rental income, this park provides a solid foundation for immediate returns. The existing infrastructure supports four units, however, the expansive lot allows for significant expansion, with the potential to accommodate up to seven units. This presents a unique opportunity to increase revenue and maximize the property's investment potential. The park offers tenants a tranquil and affordable living environment, complemented by its proximity to local amenities, schools, and employment centers. The property is well-maintained and ready for immediate ownership, making it an ideal investment for both seasoned investors and those seeking a stable, high-growth asset in a desirable location. The combination of existing income, expansion potential, and prime location makes this a truly compelling investment opportunity in a thriving New York market. This turnkey operation requires minimal management and offers a significant return on investment.

Location Insight

City

Freeville

County

Tompkins

State

New York

Longitude

-76.4271

Latitude

42.5314

CBSA code

27060

CBSA name

ITHACA, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments