Youngs Mobile Home Park - for Sale in Fort Meade, Florida

2045 J. Jackson Rd. South
Fort Meade, FL 33841
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Sale Price: $300,000
Photo of Multi Family Housing
Photo of Multi Family Housing

Seller Information

Frank Holmes

Mobile Home Park for Sale

Number of MH Lots: 5
Size: 2 acre(s)
Cap Rate: 10.0%
Purchase Method: Cash, Seller Financing
Status: Active
Property ID: 116597
Posted on: Feb 16, 2012
Updated on: Feb 16, 2012
Price: $300,000

Property Description

Great Cash Flow Investment Property! Quiet Mobile Home Park Community near Winter Haven Florida... 2 Acres on Small Fishing Lake, Includes One 3 Bedroom 2 Bath House, 5 Mobile Homes .... $4,000 Gross Income Per Month. Asking Price $300K Flexible, Elderly Couple Desparite to Sell Due to 200 Mile Commute to see Property Manager. Will consider all offers Pre-Buyer's Realty 407-645-1432 Home 407-454-2490 Cell

Park Information

Number of MH Lots:5
Total Occupancy:100.0%
Year Built:2005
Average MH Lot Rent: $800
Size:2.0 acre(s)

Financial Information

Gross Income$48
Operating Expense$6
Net Operating Income$32
Expense Ratio 12.5%
Debt InfoFree & Clear

Lot Information

Doublewide Lots:5

Utility Information

Water:Well
Water Paid By: Park
Sewer:Septic

Park-Owned Homes

Number of Park-owned Homes:1
Average Rent for Park-owned Homes: $800