Prime value-add investment opportunity at Cherry Lane in Liberty, NY, featuring a5 -acre parcel with 12 mobile home units and strong upside potential. The property is currently underperforming but has the potential to reach approximately $240,000 in annual income once renovated and properly managed. With well and sewer water infrastructure already in place and an estimated $360,000 renovation budget, this asset is ideal for an investor looking to reposition, increase rents, and unlock significant long-term cash flow in a growing upstate market.
Great for an investment or for your own group. ARV IS 16-18 CAP