Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Listing ID: 1308032
- Posted On: Aug 17, 2020
- Updated On: Nov 6, 2021
Description
55+ Lakefront Mobile Home Park on Lake Bonnet: 40 space consisting of 10 waterfront MH spaces, 5 waterfront cottages, Lakefront clubhouse with balance of units off water.
Call Laura Higgins, P.A. 863-214-4425 for details.
Location
US 27 & Hammock Rd Sebring south to Lakeview dr to around circle to N Ridgewood dr to left SR 17 N to right on Red Barn Ln
Amenities
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 21 |
| Total Occupancy: | 95.0 % |
| Average MH Lot Rent: | $275 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $99,618 |
| Operating Expense: | $49,310 |
| Net Operating Income: | $65,944 |
| Expense Ratio: | 49.5 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
