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Crystal Pointe 94Unit Development Opportunity

Mobile Home Park for Sale in Dunnellon, Florida

Dunnellon, FL 34430
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Sale Price: $470,000

Contact Information

Michael Fry
KW Commercial

Mobile Home Park for Sale

Status: Active
Property ID: 707329
Posted on: Sep 22, 2016
Updated on: Jul 25, 2017
Price: $470,000

Property Description

94 Unit Phase II Development Opportunity

Located within the existing Crystal Pointe manufactured home community, the Phase II development opportunity consists of Ninety-Four (94) to-be-developed manufactured home sites within the Crystal Pointe sub-division just north of Crystal River Florida. Design and create your own mobile home development community of land lease, fee simple or mixed units.

* Completed the Park layout, site work and lot development. * Lease individual home sites as an operating business. * Re-Sale the improved home sites to tenants or end- users.

The two commercial parcels along CR495 consist of 3.85 (+/-) acres each. Phases II and III are approved for 190 to- be-developed pre-platted mobile home sites. The improved and to-be-developed parcels will have use of HOA recreational areas and an existing 5,500 SF club house and 67,000 gallon heated pool. The community can be age restricted, land lease, fee simple or mixed. The current price for the 94 lots in the Phase II development is $5,000 per home site or $470,000. The price for the 96 lots in the Phase III development is $6,500 per home site or $576,000, comprising a total bulk sale of $1,046,000. Phase II and III can be purchased individually or as a combined purchase.

Investment Highlights: 2 Commercial Parcels (3.8 Acres Each) 190 Approved Home Sites on 80 Acres Within 110 Acre Subdivision Phases II & III Ready for Development Wooded Lots Zoning: Manufactured Homes Fee Simple Lots Optional Use: Age 55+

HOA Amenities: 5,500 SF Clubhouse 67,000 Gallon Heated Pool Common Areas Trails

Location Information: Florida’s Nature Coast 4 Miles to Crystal River 10 Miles to Gulf of Mexicao 50 Miles to Tampa 80 Miles to Orlando

Investment Opportunity Summary: Comprehensive Development and Re-Sale Strategy Development or Sale of Commercial Frontage Re-sale of Existing Homes Sites Development of 2 Phases – 190 Home Sites Re-sale of Developed Sites Individually or In Bulk Purchased and Developed Sites Can Be Rented