Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Listing ID: 12677
  • Posted On: Jun 2, 2010
  • Updated On: Nov 16, 2010

Description

8 Spaces

5 Mobile Homes of which one is a modular are Included With Park Located in Roseland, Florida which is adjoining city of Sebastian in Indian River County. I suggest you look up Roseland in Wikipedia.com as it describes our area exactly. We are nestled along Indian River Drive which is directly across from the intercostals and Sebastian Inlet that goes directly into the Atlantic ocean. There is 1.34 acres which is zoned RM-6 and 8 units of condos or apartments can also be built here if you desire to convert. 15 feet of waterfront access is included in the deed. $400,000 is the asking price with $50,000 down to a qualified buyer. No payment of principal is required for the next 10 years and the interest for the first 5 Years is 2% with 3% being the interest the next 5 years and 4% with a mortgage thereafter. Five mobile homes are included with the park and there are new beautification projects just recently passed by the county commission and going into effect shortly such as sidewalks and street lamps. If you can find a better deal than this on the coast...then good luck.

Location

On Indian River Drive.

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Park Information

Community Type: 55 And Over
Number of MH Lots: 8
Total Occupancy: 100.0 %
Average MH Lot Rent: $350
Size: 1 acre(s)

Financial Information

Debt Info: none

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $350

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