Mobile Home Community #326 - for Sale in South Central Flroida, Florida

South Central Florida
South Central Flroida, FL 00000

Sale Price: $3,200,000
Typical Street Scene
Typical Street Scene

Broker Information

Rob Smith
Fortune Real Estate
www.fortunerealestate.com

Mobile Home Park for Sale

Number of MH Lots: 139
Size: 14.5 acre(s)
Cap Rate: 7.7%
Purchase Method: Cash, Seller Financing, New Loan
Status: Active
Property ID: 106641
Posted on: Oct 10, 2011
Updated on: Oct 10, 2011
Price: $3,200,000

Property Description

139 Sites with room to expand to 152 sites. Combination Manufactured Home, RV, and Park Model lots. Great location close to shopping, entertaiment, and recreation. LOCATION LOCATION LOCATION.

Location Description

South Central Florida

Attachments

#326.pdf

Park Information

Number of MH Lots:139
Total Occupancy:100.0%
Average MH Lot Rent: $280
Size:14.5 acre(s)

Financial Information (Actual)

Gross Income$376
Operating Expense$130
Net Operating Income$245
Expense Ratio 34.6%
Debt Info

Lot Information

Singlewide Lots:38
Park Model Lots:53

RV Information

Number of RV Lots:48
Average RV Lot Rent: $208

Utility Information

Water:City
Water Paid By: Park
Sewer:Treatment Plant

Park-Owned Homes

Number of Park-owned Homes:1

Amenities and Other

Laundromat: Yes
Pool: Yes
Club House: Yes
Storage: Yes