155 Summerset Road, Stuyvesant, NY 12173

Manufactured Housing Community

The new 1 Million Square Feet Amazon Distribution Center has broken ground and this community has the only affordable housing approvals within 10 miles. Stuyvesant NY is only 17 miles from Albany and 8 Miles from the city of Hudson, with easy access to Amtrak. Near Valatie and Kinderhook in the Ichabod Crane School District, the property is Located in Columbia County where vacancy is to low to be measured and with a ten mile radius of the new 1 Million Square Feet Amazon Distribution Center in Schodack, where 800+ new jobs will be entering the area. Currently 63 Rental Pads, 97% Occupancy. 3 of the manufactured homes are rented by the community and all others are owned by the land lease tenants. Community is priced at a 7% cap rate, plus a contributory value for the additional 70 approved sites. Some of the infrastructure is in for the additional pad sites.