Mobile Home Park Details

  • Listing ID: 12568
  • Posted On: Jun 2, 2010
  • Updated On: Aug 27, 2012

Description

Quality 67 pad park with 38 park-owned units and 29 lot rentals sitting on 6.5 acres of prime property on South Broad Street in downtown Brooksville, FL. Property was purchased by current ownership approx 3 years ago.

Majority of the park was vacant at time of acquisition. Current ownership replaced the old incompetent management, renovated over 50% of the units, landscaped the park and re-tenanted the park post acquisition. Ownership also renovated & furbished the recreation room with new restrooms, a new kitchen, leather sofas, a plasma TV, and a pool table.

The property is ideal for both a hands-on owner/operator or a passive investor looking to invest in a real estate asset class that tends to performs well in economic downturns.

Highlights

• Prime Downtown Brooksville Location • On-Site Husband & Wife Team Reside On The Premises

• Renovation & Re-Tenanting Already Performed By Current Ownership • Frontage On South Broad Street

• Paved Roads • Good Mix Of Park Owned Units And Lot Rentals
Please fill-out and Fax/PDF back the attatched confidentiality agreement to Attn: Pete Mistry fax #813-936-5700 and a password will be e-mailed to you that will unlock rentroll, historical & proforma financials, survey, and pictures files attached on this listing.

Location

The Property is located on South Broad Street in downtown Brooksville, FL. South Broad Street is one of the major streets in Brooksville. The property is in proximity to national retailers such as Lowes, Publix, Pizza Hut, Taco Bell, Quizznos, & Dunkin Doughnuts

Amenities

  • Club House
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Park Information

Number of MH Lots: 67
Size: 7 acre(s)

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