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Mobile Home Park Details

  • Price: $3,175,000
  • Property ID: 1152640
  • Posted On: Nov 4, 2019
  • Updated On: Nov 4, 2019

Property Description

Multifamily Property for Sale ~ Principals Only
Palm Beach County Mobile Home Park ~ 44 SITES PLUS OFFICE BUILDING ~ All Lot Rents Only
City Water & Sewer ~ Paved Streets ~ High Demand Location

Price $3,175,000.00

44 Lot Rental Sites ~ Tenant Owned Mobile Homes Lot Rents Only
Plus Office Building

Great upside potential for additional income from: Renting Vacant Site, by raising Rents, and by decreasing expenses by adding water meters.

MH’s are owned and maintained by Tenants, resulting in lower Park Maintenance and Expenses.

Property Type: Multifamily
Property Zoning and Use Type: MH Park ~ URBAN INFILL Investment Property.
Lot Size: 3.52 Acres (plus or minus)

Description
FAMILY MH Park – Lot Rents Only ~ High Demand Location ~ Palm Beach County, Florida
Principals Only – Great Location in South Florida
Upside rental income potential. Family Park with long-term renters that own and maintain
their own homes. All sites have city water & city sewer.

LOCATED IN MAJOR SOUTH FLORIDA CITY, GREAT FAMILY COMMUNITY, retail, schools and commercial areas nearby.

THE ADDRESS IS NOT CORRECT.

PLEASE complete & sign the attached C/A agreement “Click on the Link Below” to receive the address & financial information package.

Rent Roll: September 2019 $30,800/month
Annualized Revenue Based on Current Rent Roll: $369,600/year

Disclaimer: The information and (all files attached) have been obtained from the Seller and 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 Doug E. Rhudy, his Agents, Webster Properties, 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

THIS ADDRESS IN NOT CORRECT, please sign the attached C/A Agreement to receive the correct address and Financial Information on this park opportunity.

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