Deck on Canal
Canal that borders Resort
Newly Paved Streets
Canal View
Typical Park Model Street View
Mobile Home Park Details
- Purchase Method: Cash, Assumable Loan
- Cap Rate: 8.0%
- Listing ID: 633729
- Posted On: Feb 12, 2016
- Updated On: Dec 12, 2018
Description
Conveniently located to six cities within a 30 minute drive and Disney is only 45minutes away. Over 1,000 feet of water frontage, including onsite canal which provides access to the Atlantic Ocean and Gulf of Mexico.
Lease option to purchase yearly income $8,393.00. Expansion Opportunity: Engineering complete for 5 Park Model Lots and a Swimming Pool!! Owner / Operator with onsite maintenance and office support for 14 years.Streets were repaved in 2016, sealed in 2018. Laundry room has new leased washers/dryers. The Seller will pay the buyer one years rent in advance at closing for any homes he owns.
Amenities
- Laundromat
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 126 |
| Total Occupancy: | 100.0 % |
| Size: | 8 acre(s) |
Financial Information (Actual)
| Gross Income: | $713 |
| Operating Expense: | $208 |
| Net Operating Income: | $504,679 |
| Expense Ratio: | 29.2 % |
RV Information
| Number of RV Lots: | 126 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Average Rent for Park-owned Homes: | $371 |
