Mobile Home Park - for Sale in Lakeland, Florida

Lakeland, FL 33801
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Bob Webster
Wm Robert Webster Inc.

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Mobile Home Park for Sale
Cap Rate:	10.3%
Purchase Method:	Cash
Status:	Sold
Property ID:	106634
Posted on:	Oct 10, 2011
Updated on:	May 25, 2012

Property Description

LAKELAND, FLORIDA -19 sites-MH/RV Park

Lakeland, Florida – 19 sites-Mobile Home/RV Park

REDUCED ASKING PRICE $249,000

9 park owned mobile homes and 10 RV sites located on 1.79 acres. City water and trash paid by park owner. Park has on-site septic systems. Right now owner has 6 mobile homes rented and 3 RV sites rented. This park has plenty of up-side in filling and renting sites plus raising site prices. The average unit rental is $412.00 per month for mobile homes & $275.00 per month for RV sites. Tenants pay their own electric.

OWNER will accept only CASH OFFERS!!

Owner moving out of the country MAKE OFFER!

Current 2011
Gross Income $39,570.00
NOI $25,620.00

Please sign attached c/a agreement to receive the location, income and expenses on park.

Disclaimer:
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Bob Webster or Wm Robert Webster Inc. a real estate corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.

Contact: Bob Webster