Contact Information

Benny Spensieri

CRES Corp International, LLC

Mobile Home Park Details

  • Price: $2,150,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.5%
  • Property ID: 1226567
  • Posted On: Mar 10, 2020
  • Updated On: Mar 10, 2020

Property Description

Ruskin, FL - Pine Haven & Sunset MHP For Sale! Two MHP’s - 57-Spaces Combined

Location: 2424 & 1932 33rd St, Ruskin, FL 33570

Located up the road from Sun City Center, this park features:

• 13.7-acres
• 57-spaces
• $340K Gross Revenue
• $204K NOI
• 79% Occupied
• Well/Septic
• Individually Metered Electric

Seller is asking $2,150,000 OBO. Cash or bank financing. No Seller Financing!

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

Park Information

Community Type: All Age
Number of MH Lots: 57
Total Occupancy: 80.0 %
Year Built: 1995
Size: 14 acre(s)

Financial Information (Actual)

Gross Income $340,000
Operating Expense $136,000
Net Operating Income $204,000
Expense Ratio 40.0 %
Debt Info

Lot Information

Singlewide Lots: 57

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 55
Average Rent for Park-owned Homes: $800

Download Documents

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