Saint James MHP - for Sale in Lakeland, Florida

1707 Reynolds Road
Lakeland, FL 33801
View on Map

Sale Price: $595,000
Photo of Trailer Court
Photo of Trailer Court

Seller Information

Ron Munien
Private Investor

Mobile Home Park for Sale

Size: 2.5 acre(s)
Cap Rate: 20.0%
Purchase Method: Cash, Seller Financing, New Loan
Status: Active
Property ID: 113518
Posted on: Jan 18, 2012
Updated on: Feb 09, 2012
Price: $595,000

Property Description

19 PARK OWNED HOMES ON 2.5 ACRES ALL PARK OWNED -
MAKE YOUR OFFER - WE WANT TO SELL.
WE WILL FINANCE
http://quickfacts.census.gov/qfd/states/12/12105.html
OVER 24 % GROWTH IN THE PASS TEN YEARS.
LETS MAKE A DEAL!!
http://www.loopnet.com/lid/17489345
Lender 75% - seller 25% = 100 % financing - can't get better than this!!!
Two parks close by - make an offer and lets start the credit application.
Owner says sell now!!!

Location Description

LAKELAND IS BETWEEN TAMPA AND ORLANDO ABOUT 40 MINUTES DRIVE.

Park Information

Total Occupancy:65.0%
Size:2.5 acre(s)

Financial Information (Pro Forma)

Gross Income$9,000
Operating Expense$3,600
Net Operating Income$4,200
Expense Ratio 40.0%
Debt InfoSELLER FINANCING

Lot Information

Singlewide Lots:19
Doublewide Lots:0
Park Model Lots:19

Utility Information

Water:City
Water Paid By: Park
Sewer:Septic

Park-Owned Homes

Number of Park-owned Homes:19

Amenities and Other

Storage: Yes