For Sale
$225,000

520 Bone Plain Rd Freeville, NY 13068

High-yield rental income, expansion potential.

Overview

Added:
Feb 3
Days on market:
74
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 Details for 520 Bone Plain Rd

Property type
Commercial real estate
Square Feet
720 SF
Year Built
1977
Lot Size (sq. ft)
249,163 SF

Location Insight

City
Freeville
County
Tompkins
State
New York
Latitude
42.53085
Longitude
-76.4266
520 Bone Plain Rd, Freeville, New York

FAQs

What type of property is this?
Commercial real estate - High-yield rental income, expansion potential.
Where is the commercial real estate located?
The property is located at 520 Bone Plain Rd Freeville, NY.
What is the asking price?
The asking price for this property is $225,000.
How can I contact the broker?
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520 Bone Plain Rd
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