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

Mobile Home Park Details

  • Purchase Method: Cash, New Loan, Assumable Loan
  • Listing ID: 578579
  • Posted On: Nov 12, 2015
  • Updated On: Apr 23, 2017

Description

Not on MLS.-Surrounded by lakes,this income producing mobile home park, is located 35 miles NW of Orlando, FL and 70 Miles from Tampa, FL. On 4.13 acres with 41 units, includes office, 29 mobile homes units,5 RV spaces, 6 lots for Mobile homes and/or RVs.Currently, 30 of the units/lots are rented easy access to Hwy 441. In depth financials available with signed NDA to qualified buyer, proof of funds and appointment with 24 hour notice requested for showings.The 10 vacant lots/units offers additional potential income. The park is located between 4 of Lake County's Lakes in between Lake Harris and 500 feet from Lake Eustis. On septic with own wells and on site laundry. City water and sewer are on CR 473 with a lift station behind Walgreens. There are 6 vacant spaces for additional units. Loan is assumable, at 4.5% interest with approximate balance is $675,000 and due in 2033. Proforma GI $169,740, EXP $39,019 and NI $115,747..Please do not go on the property without appointment.CA agreement need for financials and other info please see attachments.

Amenities

  • Laundromat
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Park Information

Community Type: All Age
Number of MH Lots: 41
Total Occupancy: 73.0 %
Year Built: 1964
Size: 4 acre(s)

Financial Information (Pro Forma)

Gross Income: $169
Operating Expense: $39
Net Operating Income: $115
Expense Ratio: 23.1 %

RV Information

Number of RV Lots: 12

Utility Information

Water: Well
Sewer: Septic

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