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Address is 1040 Zephyrhills Zephyrhills, FL 33542-4312

Bob Webster

Wm Robert Webster Inc.

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84-Space Mobile Home Park

Land Lease Community for Sale in Zephyrhills, Florida

1040 Zephyrhills
Zephyrhills, FL 33542-4312

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This Mobile Home Park is Off Market

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Mobile Home Park for Sale

Number of MH Lots: 84
Size: 6.8 acre(s)
Cap Rate: 9.4%
Purchase Method: Seller Financing
Status: Off Market
Property ID: 14073
Posted on: Jun 29, 2010
Updated on: May 15, 2013

Property Description

Beautifully maintained 84 site RV/Mobile Home Park. The park is a 55+ community. Park also features a house with an office, an apartment, and 2 rec halls, manager can live on premises. Lots more income available in park if ran at full potential. Park also has potential for development in up coming years. Public sewer to approximate 50% of units, septic tanks for balance and city water. Tenants pay their own electric, water, sewer and trash. Park contains mostly park models. There has been no rent increase in 2 years.

Please fill out confidentiality agreement to receive any additional information.

Location Description

Address is not correct. Confidential sale, so buyer must execute and return attached C/A agreement before we can release the address, financials, rent rolls etc.

Park Information

Number of MH Lots:84
Total Occupancy:94.0%
Size:6.8 acre(s)

Financial Information (Actual)

Gross Income$166,990
Operating Expense$40,000
Net Operating Income$126,990
Expense Ratio 24.0%
Debt Info

Utility Information

Water:City
Water Paid By: Tenant - Individual Service

Amenities and Other

Laundromat: Yes
Club House: Yes