A 407-Site Manufactured Housing Community In Saratoga County, New York 

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Call for Offers: July 9, 2026

Executive summary

Berkadia Manufactured Housing is pleased to present Malta Gardens Mobile Home Park, a 407-site manufactured housing community in Saratoga County, New York.

This community is comprised entirely of resident owned homes, limiting capital expenditures and supporting lower operational oversight. Currently 81% occupied, Malta Gardens presents meaningful upside through the lease up of vacant sites and capturing rental growth from current rates that are ~$165 below market. For example, 30 new homes in-filled at $750 per month market rent would yield new ownership a Gross Potential Rent increase of $270,000. In addition, the immediate market boasts a median single family home price of $370K, driving demand for affordable housing in the area. Finally, Malta Gardens benefits from multiple income streams, including seven fully leased commercial units that provide a variety of different services. This offering presents a compelling value-add opportunity through the lease up of vacant sites, timely rent increases, and diversified income streams.

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investment

Highlights

1

Vacancy Upside

2

Below Market Rents

3

All Resident Owned Homes

4

Need For Affordable Housing In Immediate Market

5

Multiple Income Streams 

6

Newly Renovated Onsite Office 

amenities

Community Amenities 

  • Access to Public Transportation
  • Basketball Court
  • Beautiful Landscaping
  • Easy Access to Freeways and Shopping
  • Military Discounts
  • On-call and On-site Maintenance
  • Picnic Area
  • Public Parks Nearby
  • Tennis Court

The Location

Saratoga Springs, NY

Saratoga Springs is a small city in eastern New York known for its distinctive mix of history, tourism, and quality of life. Located north of Albany and near the foothills of the Adirondacks, it has long been recognized as both a resort destination. The city is especially famous for its natural mineral springs, which helped establish its reputation in the 19th century as a health and leisure retreat. The local economy is more diversified than its resort image alone might suggest. Saratoga Springs benefits from healthcare, education, professional services, and its position within the broader Capital Region economy. Saratoga Springs attracts visitors for horse racing at the Saratoga Race Course, the Saratoga Performing Arts Center, outdoor recreation that includes Congress Park and Saratoga Spa State Park, and its walkable urban core. Broadway, the main commercial corridor in Downtown Saratoga Springs, is lined with restaurants, boutiques, galleries, offices, and mixed-use buildings. The city is often associated with a higher-end housing market with neighborhoods that range from historic homes near downtown to newer suburbanstyle developments on the outskirts.

 3.1%

population increase 2026-2031

Saratoga Springs, NY Rankings

$875,000

Median Home Price –
Mar ‘26

22%

HH Income increase
2026-2031

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contact us

New York Office
521 5th Ave
New York, NY 10175

Investment Sales

Brian Hummell
Senior Director
614.468.5773
[email protected]

Ian Hilpl
Managing Director
315.406.0900
[email protected]

Kevan Enger
Senior Managing Director
407.494.8541
[email protected]

Hunter LaRocca
Director
407.227.9643
[email protected]

MA BROKER OF RECORD

Brian Antognini
NY RE BROKER LICENSE #10991223549

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A 407-Site Manufactured Housing Community In Saratoga County, New York 

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.  

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