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: 13.0%
  • Listing ID: 636899
  • Posted On: Feb 22, 2016
  • Updated On: Dec 14, 2016

Description

OFF Market/Unable sell-Encroachment/ Varience issue.25 Space Mobile Home Park in Ft. Meade, FL. 13% Cap Rate! Central Water with updated septic system, includes club house all with good frontage on Hwy 17 with median turn at the property. Call soon as this one will be sold fast.

Amenities

  • Club House
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Park Information

Community Type: 55 And Over
Number of MH Lots: 25
Total Occupancy: 100.0 %

Financial Information (Actual)

Gross Income: $63,000
Operating Expense: $27,000
Net Operating Income: $35,000
Expense Ratio: 42.9 %

Utility Information

Water: City
Sewer: Septic

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