Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Property ID: 1188713
  • Posted On: Feb 9, 2020
  • Updated On: May 20, 2020

Property Description

9 units mobile home park for sale in Tallahassee, Leon County, FL.
Includes 8 mobile homes, 6 of them are renovated and rented, 1 requires somw renovations, one used a a storage, and 1 empty lot.
City water and septics. Park pays for water service.
Very easy to rent, all tenants have been screened for eviction and criminal background. Very good tenants.
2 acres of land.
Permit allows 10 manufactured homes lots.
Low property taxes.
Park is very low maintainence.
Please email or call with your inquiries.
Thank you.

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Park Information

Community Type: All Age
Number of MH Lots: 9
Total Occupancy: 70.0 %
Average MH Lot Rent: $550

Financial Information

Gross Income $39,600
Operating Expense $9,600
Net Operating Income $30,000
Expense Ratio 24.2 %
Debt Info

Lot Information

Singlewide Lots: 9

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $550

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