Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
  • Property ID: 1228958
  • Posted On: Mar 15, 2020
  • Updated On: Jul 11, 2020

Property Description

This is an opportunity to capture a high income producing MHP providing a 15% Cap Rate at 80% occupancy. Not too many of these around! The seller is continuing to lease four remaining units/spaces and may have this completed by the time you purchase this park.

This MHP includes:

• 4-acres
• 19-spaces (Possible 21 spaces)
• 14-POM
• 2-Park Owned RV
• County Water
• Septic (2-Tanks Serviced every 6 months)
• 80% Occupancy
• Gross Revenue = $133,920
• NOI = $107,120

Asking Price: $750,000

Financing: Seller will provide Seller Financing to a Qualified Purchaser


Gibsonton, FL

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Park Information

Community Type: All Age
Number of MH Lots: 21
Total Occupancy: 80.0 %
Year Built: 1978
Average MH Lot Rent: $800
Size: 4 acre(s)

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