Mobile Home Park Details
- Listing ID: 12575
- Posted On: Jun 2, 2010
- Updated On: Feb 10, 2017
Description
Nice quiet residential park. The property is cash flowing nicely and the site has been zoned and pre approved for a multi unit condo or apartment building structue as future option for owner. Rents are currently schedule at $217 per month scheduled for next increase is planned for January 1,2013 up to $228 per month.
The total package includes a two bedroom cement block house, and a large storage garage barn. There are also RV hook ups for up to four RV's or small trailers along the boulevard. Alhough current owners have not pursued and used this as an added revenue source.
Seller financing available to qualified buyer with 20% down at 6% and five year balloon.
Location
Location of park is in prime in City location near downtown historic area of Crystal River. It is within walking distance to a full array of shopping needs, including several restaurants, pubs, and to go eating places. Nearby walking distance also exists to Hunter Spring park and public swimming area. The US Post Office is directly across the street.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 30 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $217 |
Financial Information (Actual)
| Gross Income: | $76 |
| Operating Expense: | $36 |
| Net Operating Income: | $40 |
| Expense Ratio: | 47.4 % |
Lot Information
| Singlewide Lots: | 30 |
RV Information
| Number of RV Lots: | 4 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $475 |
