13-Space Mobile Home Park - for Sale in Seffner, Florida
Seffner, FL 33584 View on Map
Seller Information
Bill Hess
Mobile Home Park for Sale |
|
| Number of MH Lots: | 13 |
| Size: | 3.2 acre(s) |
| Cap Rate: | 19.0% |
| Purchase Method: | Cash, Seller Financing, New Loan |
| Status: | Active |
| Property ID: | 12544 |
| Posted on: | Jun 02, 2010 |
| Updated on: | Feb 08, 2011 |
| Price: | $475,000 |
Property Description
***PRICE LOWERED*** Seffner, FL (Tampa Area)
Mobile Home Park on 3.2 acres w/ 13 mobile homes (11 park owned) & 1 commercial 1000sf, 2 story block bldg. 11 rentals of $625-$795 w/ 2 lot rents at $333 and block building at $1000 per month. All units are in excellent condition and well maintained. Land mostly zoned C-2, balance should be rezoned for highest & best use. No vacancy, good long term tenants on yearly leases. Park is on county 2" water meter and all units are sub-metered & billed separately, septic w/ newer drain field & commercial street lighting. 1+ acre is cleared for additional expansion and has exceptional commercial possibilities. Recent survey, phase one environmental survey and appraisal (9/07). Asking $475,000.
Location Description
Located in Seffner Florida (Tampa Bay Area)
Park Information
| Number of MH Lots: | 13 |
| Total Occupancy: | 100.0% |
| Year Built: | 1972 |
| Average MH Lot Rent: | $688 |
| Size: | 3.2 acre(s) |
Financial Information (Actual)
| Gross Income | $15,632 |
| Operating Expense | $17,887 |
| Net Operating Income | $97,745 |
| Expense Ratio | 114.4% |
| Debt Info | N/A |
Lot Information
| Singlewide Lots: | 11 |
| Doublewide Lots: | 2 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 11 |
| Average Rent for Park-owned Homes: | $700 |
Amenities and Other
| Storage: | Yes |