Mobile Home Park Details
- Cap Rate: 8.0%
- Listing ID: 1862581
- Posted On: Sep 12, 2022
- Updated On: May 31, 2023
Description
***WATERFRONT!! 11.5+ Acre lot with approx. 800 ft of frontage on Black Creek. Options to add boardwalk, trail and docks.
*Approaching 100% Occupancy!
*52 Full Hook-up Sites: 20, 30 & 50 Amp Electric Connections, Metered at each location.
*High Speed Wifi Covers all Sites
*30 x 70 ft CBS Maintenance Building onsite
*Fire Hydrant Onsite: Retention Pond area at the back of the park.
*Value Add Potential: Build out Maintenance Building for Laundry, Bathhouse & Additional Amenities
*Expand onto Waterfront with Dockage.
Location
On Black Creek. Gulf Of Mexico beaches 15 miles away.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Total Occupancy: | 80.0 % |
| Year Built: | 2022 |
| Size: | 12 acre(s) |
Financial Information (Actual)
| Gross Income: | $577,200 |
| Operating Expense: | $144,670 |
| Net Operating Income: | $317,090 |
| Expense Ratio: | 25.1 % |
RV Information
| Number of RV Lots: | 52 |
Utility Information
| Water: | City |
| Sewer: | City |
