1 RITA'S Way, Chesterfield, NY 12944 (MLS# 165253)

Description

Well maintained mobile home park & RV park. 32 RV full-hook up seasonal sites with great leasing history, additional 3 overnight sites. Campground includes laundry room, shower units and in-ground pool. 1.5 miles to Port Kent Ferry, boat launch and Harmony Golf Course and 3 miles from AuSable Chasm. Includes an 1800 sq ft single family home/office. Additionally there are 20 mobile home sites for year-round cash flow, fully occupied. APA approval to expand 9 more RV sites and 5 mobile home lots. Added to the commercial business is 44 acres of land with spectacular views of Lake Champlain atop the ridge. Many new septic upgrades in the mobile home park from 2015-2021. Turn the seasonal RV slots to weekly camper rentals and expand the income potential. Lots of opportunity to change the business model to meet current camping trends.

Location, Tax, and Legal

Tax Annual Amount: 16609.8 Land Tax Annual Amount: 6345.7 APA: Low Intensity Deed Date: 2005-09-01

General Property Information

Tax Assessed Value: 599800 Building Area Total: 1200 Year Built: 1950 Lot Size Acres: 44.3 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2022-12-30 Buyer Financing: Cash Concessions Amount: 80000 Major Change Timestamp: 2022-12-30T15:31:12Z Major Change Type: Status Change Under Contract Date: 2022-12-30 Close Date: 2022-12-30 Close Price: 555000

Appliances

Electric Water Heater: 1 Oil Water Heater: 1

Basement

Crawl Space: 1 Unfinished: 1

Construction Materials

Log: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: na Page: 269 Volume: 1457

Documents Available

Appraisal: 1 Deed: 1 Lead Paint: 1 Property Condition: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 10264.11

Foundation Details

Stone: 1

Frontage Type

Frontage Length: 940

Heating

Hot Water: 1 Oil: 1

Listing Terms

Cash: 1 Conventional: 1

Parking Features

Off Street: 1 Private: 1

Road Frontage Type

Public: 1

Roof

Metal: 1

Sewer

Septic Tank: 1

Special Listing Conditions

Standard: 1

Utilities

Internet Available: 1

View

Trees/Woods: 1

Water Source

Well Drilled: 1

Income and Expenses

Gross Income: 114705 Insurance Expense: 4536 Maintenance Expense: 10921 Net Operating Income: 60079 Other Expense: 16377 Trash Expense: 5973.64

Tenant Pays

Electricity: 1

Building Features

Swimming Pool: 1

Included

Fixtures: 1

Unit One

Unit Name: Lot Rent Dimensions: 20 Lease Rate: 385

Unit Two

Unit Name: RV Sites Dimensions: 32 Lease Rate: 975

Contract Information

Current Price: $555,000 Original List Price: 57000 Sold Price: $555,000 Status: Closed Listing Contract Date: 2019-04-19 Property Sub Type: Business Listing Agreement: Exclusive Agency

Location Tax and Legal

Street Number: 1 Street Name: RITA'S Street Suffix: Way County: Essex State: NY Postal Code: 12944 Subdivision Name: None MLS Area Major: Keeseville, Port Kent, Chesterfield, AuSable Township: Chesterfield School District: Ausable Valley Parcel Number: 4.2-1-2.000 Zoning: Mixed Directions: Take Exit 35/Peru, proceed east on Route 442/Bear Swamp Rd to State Route 9, turn south on Rt 9 approximately 5 miles, turn east on Route 373, proceed approximately 3 miles, property on the right.

Property Features

Appliances: Electric Water Heater; Oil Water Heater Basement: Crawl Space; Unfinished Building Features: Swimming Pool Construction Materials: Log; Wood Siding Cooling: None Documents Available: Appraisal; Deed; Lead Paint; Property Condition Electric: 200+ Amp Service Foundation Details: Stone Heating: Hot Water; Oil Included: Fixtures Listing Terms: Cash; Conventional Parking Features: Off Street; Private Road Frontage Type: Public Roof: Metal Sewer: Septic Tank Special Listing Conditions: Standard Tenant Pays: Electricity Utilities: Internet Available View: Trees/Woods Water Source: Well Drilled

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