6258 Us Highway 11 Canton, NY 13617
- Mobile home & RV parks
- 720 SF
- 8.50 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 6258 Us Highway 11
- Year built
- 1968
- Lot size
- 8.50 lot acres
- Property size
- 720 SF
- Zone code
- 01 - NOT ZONED
- Property type
- Mobile home & RV parks
- APN
- 402289 75.003-1-26.1
- APU
- 402289750031261
Description
This exceptional investment opportunity presents a well-established mobile home park situated on a spacious 8.5-acre lot in Canton, NY. The park currently boasts 30 mobile home spaces, with a strong occupancy rate of 22 currently occupied sites. This translates to significant immediate cash flow and substantial future growth potential. The property is equipped with a comprehensive septic system designed to handle the entire park's needs, eliminating the complexities and costs associated with individual septic systems. Maintaining the park's infrastructure is simplified by the existing caretaker who is responsible for road maintenance within the park. This turnkey operation offers a streamlined approach to ownership, minimizing operational overhead and maximizing profitability. Detailed financial records are available upon request for qualified buyers to thoroughly assess the park's performance and projected returns. This is a rare chance to acquire a well-maintained, high-occupancy mobile home park in a desirable location, offering a compelling blend of immediate income and long-term appreciation potential. The property's substantial acreage also presents opportunities for future expansion or development, further enhancing its investment appeal. Serious inquiries only, please. Financial information will be provided to qualified buyers with proof of funds.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $690,000
- 6.5%
- $705,000
- 7%
- $640,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $790,000
- Geo Method
- $590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $795,000
- Retail
- $785,000
- Mixed-Use
- $680,000
- Hospitality
- $605,000
- Educational
- $625,000
- Residential Income
- $620,000
- Energy
- $735,000
- Income-Based Land
- $635,000
- Food Service
- $650,000
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- St. Lawrence
- State
- New York
- Longitude
- -75.1193
- Latitude
- 44.61
- CBSA code
- 36300
- CBSA name
- OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA