80 Zimmerman Road, Loch Sheldrake, NY 12759
$1,200,000
Active for Sale
Listing ID |
11203825 |
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Property Type |
Commercial |
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County |
Sullivan |
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School |
Fallburg Central Schools |
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Tax ID |
000000-020.000-0001-003.002 |
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FEMA Flood Map |
fema.gov/portal |
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Year Built |
1950 |
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Mobile home park with a four family house. What a moneymaker! 22 rentals in all. There are 18 slabs, currently 17 have mobile homes on them. The house has three one bedroom apartments and one two bedroom apartment. Every one owns their trailer and pays rent for the slab. They all pay their own utilities. There are paved roads and lighting for the mobile home park. You will find this 5.9 acre property in the Catskills Borscht Belt. Back in its heyday this area was home to numerous hotels and bungalow colonies and boarding houses. Beautiful Loch Sheldrake is also home of Sullivan County Community College and the Lochmor Golf Course. Each trailer pays $525 a month lot rent and the apartments get between $500-$600 a month rent. Total rent gross is $133,500. Expenses are approximately $46,600 a year. This area is growing really fast, there will never be a problem getting tenants
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- Uses: Mobile Home/ RV Park
- $11,375 School Tax
- $20,180 County Tax
- $31,555 Total Tax
Listing data is deemed reliable but is NOT guaranteed accurate.
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