Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Listing ID: 1600038
  • Posted On: Feb 4, 2022
  • Updated On: Aug 8, 2022

Description

10 acre property with 5 empty mobile home lots ready to have mobile home placed back on them. Property has one single family home on it that is habitable but should be upgraded for maximum rent value. Property is city water and 6 individual septic tanks. Can have as many as 10 dwellings without rezoning but currently has complete set ups for 5 mobile homes and the house located on the lot. Lot rentals run approximately $600-700 in this area. Mobile home rentals over $1400 monthly if park owned homes are placed on the lots. Property could easily have 10k monthly in income. Reach out for details if you are looking for an inexpensive way to enter the very lucrative mobile home park market. Currently 2,000 per month income in only house and 1 RV lot. 5 mobile home lots that are empty and could be filled to complete over 10k monthly without maxing out rent, This is an explosive market, rents are astronomical in this area. Ready to be developed your way. NO LONG DRAWN OUT CONTRACTS. If you are ready to jump into the mobile home park space with a relatively affordable investment this one is for you. 15 day due diligence period 60 day closing. 150k down can finance the last 100k with 1 year balloon

Location

Very desirable location near upscale shopping center/housing developments in booming Florida real estate market. Property easily worth 40k per acre just as buildable acreage.

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Park Information

Community Type: All Age
Number of MH Lots: 5
Total Occupancy: 17.0 %
Average MH Lot Rent: $650
Size: 10 acre(s)

Lot Information

Doublewide Lots: 5

RV Information

Number of RV Lots: 1

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic