Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 229896
  • Posted On: Jul 21, 2012
  • Updated On: Jun 18, 2015

Description

Price Reduced.Waterfront income producing 55+ MHP on Ruskin Inlet-Not sold since approximately 1952.Includes additional parcel.Family owned Mobile Home Park on one of the last and best large parcels on the inlet. Currently have 62 lots.On 8.57 acres as you fish or boat on the beautiful waterways of Ruskin inlet bordering the mobile home community. Has private boat ramp for residents. With a marina located only a short boat ride away and close to beaches. All residents own their own homes. Located in sunny Ruskin, Florida off major US Highway 41 on a quiet off road location. Live in the park in the 2 bedroom 1 bath block construction home that is included or commute from Tampa only 22 miles away. A former restaurant and bar not currently being used and would be great for adding additional income. Owner will assist in training for a 2 week period. High and best use could be a townhome community, condo development or marina. Please do not drive property or speak with residents or owners.Owners to approve buyer(s)credit worthiness for any owner's financing.Bring all offers.Owners will seriously evaluate all offers. With NDA you receive rent rolls and expense info,with pending contract you receive P&L's.On County water and sewer.Gross Income $ 179,078-Expense $ 85,795 -Net income $ 93,283-Projected-Proforma.With signed NDA basic financial info supplied.Showings appointment made after signed NDA and proof of funds and/or prequal letter and/or loan approval letter are received with 24 hour notice based on owners availability.Please do not drive the park without an appointment.

Location

Ruskin, FL

Amenities

  • Club House
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Park Information

Community Type: 55 And Over
Number of MH Lots: 62
Total Occupancy: 95.0 %
Year Built: 1952
Average MH Lot Rent: $300
Size: 9 acre(s)

Financial Information (Pro Forma)

Gross Income: $184
Operating Expense: $72
Net Operating Income: $112
Expense Ratio: 39.1 %

Utility Information

Water: City
Sewer: City

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