Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 11.3%
  • Listing ID: 1354910
  • Posted On: Nov 12, 2020
  • Updated On: Jun 21, 2021

Description

85 Site RV Resort For Sale in Hudson, Florida - currently operates as a nudist resort
85 RV Sites - mostly tenant owned homes (about 5 park owned park models that are rented short term and long term).
$50,000/year received in "membership fees" for locals not staying in RV sites coming to use the nudist facilities
-large inground swimming pool with large jacuzzi hot tub
-tennis/pickleball,
-small restaurant with beer and wine license
-2 bedroom house included in sale
-all equipment, machinery, furnishings included in the sale
-on-site manager and employees in place for a buyer not wanting to be involved in daily operations
-licensed/approved to add 15 additional sites

Location

near the beach in Hudson, Florida

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Park Information

Community Type: All Age
Number of MH Lots: 85
Total Occupancy: 80.0 %
Year Built: 1969
Average MH Lot Rent: $650
Size: 10 acre(s)

Financial Information (Actual)

Gross Income: $521,000
Operating Expense: $278,000
Net Operating Income: $243,000
Expense Ratio: 53.4 %

Lot Information

Singlewide Lots: 85
Park Model Lots: 85

RV Information

Number of RV Lots: 85
Average RV Lot Rent: $650

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: $650

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