Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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