40 Meadow Lane, Champlain, NY 12919

Champlain
Local realty services provided by:HUNT Real Estate ERA
40 Meadow Lane,Champlain, NY 12919
$525,000
Virtual Tour
  • 26 Beds
  • 13 Baths
  • 10,400 sq. ft.
  • Multi-family
  • Active
Listed by: alec wright
Office: inglenook realty inc
MLS#:202615831
Source:Global MLS

Price summary

  • Price:$525,000
  • Price per sq. ft.:$50.48

About this home

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 maintenance responsibility Public water and public sewer (no well/septic headaches) Natural gas availability All sites improved with 16x76 Alaskan slabs, minimizing future capital expenditures The combination of municipal utilities and quality site improvements significantly lowers operational risk while enhancing...

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Home facts

  • Year built:1986
  • Listing ID #:202615831
  • Added:16 day(s) ago
  • Updated:May 13, 2026 at 02:33 PM

Rooms and interior

  • Bedrooms:26
  • Total bathrooms:13
  • Full bathrooms:13
  • Basement Description:Slab
  • Living area:10,400 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1986
  • Building area:10,400 sq. ft.
  • Lot area:1.5 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$50.48
  • Tax amount:$2,087

Parking

  • Total parking spaces:26
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