991 US Highway 11 Gouverneur, NY 13642
938 Sq. Ft. / 483,516 Sq. Ft., 11.1 acres lot size / Business Opportunities
Status: Sold
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Mobile Home Park Investment Opportunity - Gouverneur, NY | (Projected) 10.24% Cap | Expansion Potential Come take a look at a cash-flowing mobile home park on 11 acres in Gouverneur, NY, originally established in 1975. This value-add opportunity features stable income, public utilities, and a significant expansion upside. With a projected Cap Rate at 10.24%, opportunity is there! The park currently is at an occupancy rate of 65% (vacancy rate 35%). There are 20 Total Manufactured Homes at this time - 12 park-owned, 6 tenant-owned, 2 vacant. Property also features more acres in rear, zoned for development. Land has been cleared in the past, but sits relatively flat, and ready for expansion. The highlight is Public Water & Sewer is connected already, and provides a convenient utility year round, directly to the park. Park is located in extremely close Proximity to Fort Drum - expanding tenant demand and regional stability Public sewer and water truly are a huge asset to the park, and it also features long term tenants who have over 20+ years experience living in this location. The park is in a quiet, rural setting, but also in a prime location only a short drive to Fort Drum, a major employer and population center. Financials & Rent Roll Available Upon Request. Ideal for investors seeking strong yield and long-term appreciation. Serious inquiries only. NDA may be required for detailed financials.
property details
Type
Business Opportunities
Status
Closed
County
St Lawrence
Year Built
1975
Sq. Ft.
938
Lot Size
483,516 Sq. Ft., 11.1 acres
Listing Id
S1618069
Courtesy Of
Aaron Naklick - Berkshire Hathaway HomeServices CNY Realty Watn 315-778-1717
List Office Phone
+1 (315) 778-1290
Interior Features
Flooring
Vinyl
Carpet
Linoleum
Carpet
Linoleum
Living Area Units
Sq. Ft.
Exterior Features
Roof
Metal
Shingle
Shingle
Lot/Land Description
Flag Lot
Parking
Driveway
On Site
On Site
Stories
1
Parking Spaces
20
Utility & Building Info
Sewer
Public Sewer
Parcel Number
404089-173-054-0001-005-111-0000
Cooling
Separate Meters
Water Source
Public Water
Heating
Electric Heating
Propane
Forced Air
Baseboard
Individual Meters
Propane
Forced Air
Baseboard
Individual Meters
Tax Amount
14494
Building Area Total
938 Sq. Ft.
Price Per Sq Ft
$639
Architectural Style
1 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
12/07/2025
12/07/2025
|
Sold |
$535,000
|
Central New York Information Service (CNYIS) |
|
08/12/2025
08/12/2025
|
Pending |
$599,000
|
Central New York Information Service (CNYIS) |
|
06/26/2025
06/26/2025
|
Active |
$599,000
|
Central New York Information Service (CNYIS) |
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Market Trends
Source: Constellation1
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