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    OFF-MARKET
    Mobile home & RV parks

    520 Bone Pln Rd, Freeville, NY 13068-5750

    720 SF 5.72 ac lot Built 1977
    Entity Owned 24-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-4092298
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mobile home & RV parks
    Use group MOBILE HOME PARK, TRAILER PARK
    Year built 1977
    Total area 720 SF
    Lot 5.72 ac (249,163 SF)
    APN 502489 21.-1-39.1
    UPID US63-4092298
    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
    PETER DE BRUYN EST PETER DE BRUYN
    PETER DE BRUYN EST PETER DE BRUYN
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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