80 Zimmerman Road, Lock Sheldrake

$1,200,000

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2,816

Square feet

5.09

Acres

About 80 Zimmerman Road

Mobile home park with a four family house. What a moneymaker! 22 rentals in all. There are 18 slabs, currently 17 have mobile homes on them. The house has three one bedroom apartments and one two bedroom apartment. Every one owns their trailer and pays rent for the slab. They all pay their own utilities. There are paved roads and lighting for the mobile home park. You will find this 5.9 acre property in the Catskills Borscht Belt. Back in its heyday this area was home to numerous hotels and bungalow colonies and boarding houses. Beautiful Loch Sheldrake is also home of Sullivan County Community College and the Lochmor Golf Course. Each trailer pays $525 a month lot rent and the apartments get between $500-$600 a month rent. Total rent gross is $133,500. Expenses are approximately $46,600 a year. This area is growing really fast, there will never be a problem getting tenants

Features of 80 Zimmerman Road

MLS® # 20232539
Price $1,200,000
Bathrooms 0.00
Square Footage 2,816
Acres 5.09
Year Built 1950
Type Commercial Sale
Sub-Type Other
Status Active

Community Information

Address 80 Zimmerman Road
Area Sullivan
City Lock Sheldrake
County Sullivan

Amenities

Is Waterfront No

Interior

Has Basement No
Fireplace No

School Information

District Fallsburg Central Schools

Additional Information

Date Listed September 1st, 2023
Days on Market 246
Zoning 01
Short Sale No
RE / Bank Owned No

Listing Details

AgentSiobhan Scanlan
AgentWinton Morrison
OfficeWin Morrison Realty-K

Listing Map

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