Contact Information

Benny Spensieri

CRES Corp International, LLC

Mobile Home Park Details

  • Price: $1,300,000
  • Purchase Method: Cash, Seller Financing
  • Property ID: 1332464
  • Posted On: Sep 30, 2020
  • Updated On: Sep 30, 2020

Property Description

Hudson, FL – Two MHP’s 19-Space/Units! SELLER FINANCING AVAILABLE!

Location: 15514-15528 Madeline Dr & 15831-15901 Brenda St, Hudson, FL 34667

Two well managed MHP’s located within close proximity to each other. Each offers a high level of income and 10.33% Cap Rate at Asking Price.

• 19-Spaces/Park Owned Units Combined
• 3.5-acres MOL
• Laundry Facility
• Well/Septic
• 100% Occupancy
• Gross Rent: $157,800
• Laundry Income: $8000
• NOI: $134,330

Financing: Seller will consider providing Seller Financing that may include the following:

• 25% Down Payment
• 4.0% Interest Rate
• 25-Year Amortization
• 5-Year Balloon

The above loan scenario is incorporated into the financial projections within this Report.

Price: Call for Pricing
POF’s must accompany all offers.
Please call before visiting the property.
India Kerr - 813-842-9642 or India.Kerr@CRESCorpINTL.com

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

Park Information

Number of MH Lots: 19
Total Occupancy: 100.0 %
Year Built: 1972
Size: 4 acre(s)

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