Contact Information

Mobile Home Park Details

  • Price: $1,200,000
  • Cap Rate: 10.0%
  • Property ID: 1320856
  • Posted On: Sep 8, 2020
  • Updated On: Sep 8, 2020

Property Description

ComReal is pleased to exclusively present the opportunity to acquire Sunshine Park, a family manufactured housing community located in DeLand, Florida. As a suburb of Orlando, DeLand is experiencing tremendous growth and intense demand for affordable housing. Sunshine Park is one of the few manufactured housing communities in the submarket and is a turn-key cash flowing asset ideal for an owner operator or investor.The park is meticulously maintained, occupied by long term tenants with below market rents and affords the new owner achievable upside through increased rental rates.

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Park Information

Number of MH Lots: 31
Total Occupancy: 93.5 %
Size: 5 acre(s)

Utility Information

Water: City

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