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

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 12.5%
  • Listing ID: 505212
  • Posted On: Jan 23, 2015
  • Updated On: Feb 4, 2016

Description

NEW PARK FOR SALE::: PRINCIPALS ONLY
~~Owner is ready to sell & will help new Owner with the transition~~
Family RV Park for sale in St Johns County, Florida ~~105 sites

Revenue has grown 17% from 2013 to 2014!

Public Water and sewer nestled in a setting of beautiful oaks and tall pines. Close to freeway for convenience yet far enough away to be in nature, 4.5 miles away from destination city! Close to beaches, golf courses and city conveniences in Northeast Florida!!

30 plus/minus acres

Room for expansion on 5 acres. Platted for 70 additional sites, subject to County approval.

Plenty of upside for immediate rent increases and additional rental income

2013
Income $308,948
Expenses $129,571
NOI $179,377

Projected 2015
Income $400,000

Disclaimer: The information and (all files attached) have been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by the Real Estate Agents or Wm. Robert Webster Inc., A Real Estate Corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.

Location

The address is NOT CORRECT, please sign attached c/a agreement to receive all financial information and the correct address of this RV Park.
Thank you and have a great day!

Amenities

  • Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Size: 30 acre(s)

Financial Information (Actual)

Gross Income: $362,081
Operating Expense: $125,311
Net Operating Income: $236,770
Expense Ratio: 34.6 %

Utility Information

Water: City
Sewer: City

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