Park Entry Road
Park Entry Road
Mobile Homes
Mobile Homes
Mobile Homes
Mobile Homes
Park Model Home
Park Model Home
Park Model Home
Park Model Home
Single Wide Home
Single Wide Home
Well Pump House
Well Pump House
Park Entry Road
Park Entry Road
Park Entry Road
Park Entry Road
New Electric Service
New Electric Service
Mailbox & Pavilion
Mailbox & Pavilion
Park Entry Road
Mobile Homes
Mobile Homes
Park Model Home
Park Model Home
Single Wide Home
Well Pump House
Park Entry Road
Park Entry Road
New Electric Service
Mailbox & Pavilion

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1005415
  • Posted On: Nov 5, 2018
  • Updated On: Feb 4, 2019

Description

Mobile Home Park with 28 park owned homes located in the heart of Labelle, FL!! This park is a cash cow with 27 of 28 homes rented and gross rent in excess of $16,000 per month. Tenants pay their own electric and park provides water and septic. All the infrastructure in the park has been upgraded in last four years. A few of the upgrades include; new well system and underground water lines, new septic drain-fields, pumps, and monitoring systems, new underground electric to each unit with new service and meters. The two private park roads have also been repaved. The 28th home needs rehab repairs and when completed monthly revenue will reach $17,000. PUT YOUR MONEY TO WORK TODAY AT A 15% CAP RATE!. This property is a cash cow with low monthly expenses. Act now - this will not last!

Amenities

  • Storage
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Park Information

Community Type: All Age
Number of MH Lots: 28
Total Occupancy: 96.0 %
Average MH Lot Rent: $625
Size: 2 acre(s)

RV Information

Number of RV Lots: 0

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 28
Average Rent for Park-owned Homes: $625

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