Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Property ID: 1343867
  • Posted On: Oct 21, 2020
  • Updated On: Feb 26, 2021

Property Description

Five mobile homes on 1 acre of land.
One of them has been extensively remodeled.
Another one is currently under rented by $250 per month.

All units are currently rented with paying tenants.

Unit rents are as follows:
2703 - $595 (2 bed 1 bath single wide)
2709 - $650 (paid 1 year in advance - 3 bed 2 bath double wide)
2714 - $950 (3 bed 2 bath - large double wide)
2716 - $500 (1 bed 1 bath)
2718 - $404 (2 bed 2 bath - under rented by $250)
Gross rent $3,099 a month.

This property is located close to major universities including:
TCC, FSU and FAMU.

It's also a 10 minute drive to downtown Tallahassee and the state capital complex.

Park owner maintains well and septic tanks and pays for garbage pickup.

All units are separately electric metered and tenant pays for their own electricity directly to the City of Tallahassee.

All tenants have gone through eviction, felony and income screening/background checks.

I prefer a cash sale but might consider owner financing with at least a $100,000 down payment.

For more information please text message or call Randy at 706-570-4700.

http://southeasternskyrealestate.com/tallahassee-fl-real-estate-for-sale.html

Location

This property is located in a very convenient area of Tallahassee, FL. It's a mile from Capital Circle, close to three major universities and within 10 minutes of the state capital complex. It is in a quiet country setting but still close to all amenities.

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

Park Information

Community Type: All Age
Number of MH Lots: 5
Total Occupancy: 100.0 %
Size: 1 acre(s)

Financial Information

Gross Income $36,048
Debt Info

Lot Information

Singlewide Lots: 3
Doublewide Lots: 2
Triplewide Lots: 0
Park Model Lots: 5

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

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: $601

Video

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