Do Real Estate on the Go!
- Overview
- Description
- Property Details
- Location
Do Real Estate on the Go!
Download App
$525,000
26 Beds
13 Baths13 full baths
10,400sqft
40 Meadow Ln, Champlain, NY 12919
$525,000
Get Pre-Approved
Multi Family
Built in 1986
$-- HOA
1.5 acres lot
$50/sq.ft
Description
Champlain Mobile Home Park | 13 Units | 11.94% Cap Rate | Value-Add Opportunity
-Motivated Seller-
Positioned in the stable and affordable housing market of Champlain, this 13-unit mobile home park presents a compelling opportunity for investors seeking strong in-place cash flow with upside potential.
Currently operating at 85% occupancy, the property offers immediate income with the ability to increase revenue through lease-up and operational efficiencies. With an attractive 11.94% cap rate, this asset delivers strong returns from day one.
This community benefits from rare, highly desirable infrastructure, including:
Town-maintained roads for reduced maint...
- Houzeo last checked: 5 Minutes ago
- Listing updated: May 8, 2026 at 5:30 pm
- Listing Provided by: Alec Wright (518) 633-7509 DRE #10401394223 | Inglenook Realty Inc (518) 882-6236
- Source: Greater Capital Association of Realtors (Global) MLS-NY | MLS#: 202615831
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1986
HOA Fees
-
Finished Area
10,400 sqft
Lot Size
1.5 acres lot
Basement Area
- sqft
MLS Name
Greater Capital Association of Realtors (Global) MLS
MLS Number
202615831
MLS Status
Active
Days on Market
31
Love this home?
Here's 4 things you can do
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services , Consumer Protection Notice .
§ 442‑H New York Standard Operating Procedure .
New York State Fair Housing Notice .
