lakefront canal
sunrise
park models
waterfront homes
singlewides
Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 10.7%
- Listing ID: 378502
- Posted On: Jun 16, 2013
- Updated On: Apr 20, 2015
Description
"Old Florida" , quiet,small, senior park located on 17,000 acre spring-fed
Lake Crescent, (known as "bass-capital to the world") Great for fishing, boating, or just relaxing. Tennants are year-round, seasonal, and weekend/ holidays. Hands on management, ("Mom and Pop") or add to your investment portfolio, great retirement income. Laundromat, docks, boatlifts,sales,loan portfolio, and storage adds to rental income. Visit LakeCrescent Florida.com for pictures, phone number, and more info. Price is firm. House and dw next door also available for purchase. Please, qualified buyers only and no e-mails, thank you.
Amenities
- Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 32 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1969 |
| Average MH Lot Rent: | $330 |
| Size: | 4 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $120 |
| Operating Expense: | $34 |
| Net Operating Income: | $86 |
| Expense Ratio: | 28.3 % |
Lot Information
| Singlewide Lots: | 27 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
RV Information
| Number of RV Lots: | 4 |
| Average RV Lot Rent: | $330 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
