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Mobile Home Park Details

  • Cap Rate: 9.8%
  • Listing ID: 113264
  • Posted On: Jan 12, 2012
  • Updated On: Aug 24, 2012

Description

FOR SALE: Mobile Home/ RV Park in Marion County, Florida

ASKING PRICE: $2,200.00.00

Mobile Home and RV Park on 11 acres ...

Mobile home lot rental at $260.00 per site per month ... effective 2/1/2012 ...

35 RV sites at $285.00 per site ... 1 concrete house rental $500.00 per month ...

Being ran as an ADULT Park ...

Public water and private sewage treatment plant ...

Cable TV included ...

OWNER FINANCING with minimum 30 percent down, ten year balloon amortized over 30 years at 6% principal & interest

PROJECTED 2012

Income $334,560.00

Vacancy -$23,940.00

Manager Rent -$ 3,120.00

Gross Income $307,500.00

NOI $214,494.00

Cap Rate 9.75%

PLEASE SIGN ATTACHED CA TO RECEIVE THE CORRECT ADDRESS & INFORMATION ON THIS PARK.

Disclaimer:

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Bob Webster or Wm Robert Webster Inc. a real estate corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.

Location

The above address IS NOT correct, please sign the attached c/a agreement to receive the address & information on this park. Thank you.

Amenities

  • Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 102
Total Occupancy: 98.0 %
Year Built: 1950
Average MH Lot Rent: $260
Size: 11 acre(s)

Lot Information

Singlewide Lots: 67

RV Information

Number of RV Lots: 35
Average RV Lot Rent: $285

Utility Information

Water: City
Water Paid By: Park
Sewer: Treatment Plant

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