Contact Information

Mobile Home Park Details

  • Price: $990,000
  • Purchase Method: Cash, New Loan, Assumable Loan
  • Property ID: 1082682
  • Posted On: May 17, 2019
  • Updated On: Jun 19, 2022

Property Description

13 Mobile Homes and one house with Apartment in rear.

Park Owned 8 MHs plus house.
I rent 5 lots at $425 each

4 Acres with many oak trees.

Always All rented ....

Good condition. No need to do anything... net income $

Low expenses .. all lots have water and electric meters. Tenants pay their own utilities.

Great Investment..no fixing here just collect rents.

For sale by owner...

Location

Okeechobee County Florida 3605 NW 3 Street Okeechobee FL 34972

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Park Information

Community Type: All Age
Number of MH Lots: 13
Total Occupancy: 100.0 %
Year Built: 1980
Average MH Lot Rent: $420
Size: 4 acre(s)

Financial Information (Actual)

Gross Income $8,775
Operating Expense $820
Net Operating Income $7,955
Expense Ratio 9.3 %
Debt Info 400,000.

Lot Information

Singlewide Lots: 13

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

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