Contact Information

Mobile Home Park Details

  • Price: $550,000
  • Cap Rate: 10.3%
  • Property ID: 1431802
  • Posted On: May 3, 2021
  • Updated On: May 5, 2021

Property Description

12 Lot Florida Park

City Water/City Sewer

Navarre, FL / Just minutes from the Ocean.

2 park package is available with another park for sale within the same county.

Seller-Financing Available!!

Have a Park to Sell ?
We want to help!
Contact Frank at 727-592-2418
info@birchrealty.com

Location

Navarre is a town in Santa Rosa County with a good sized population. U.S. military personnel, federal civil servants, local population, retirees and defense contractors make up majority of the town, so occupancy is not a problem.

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

Park Information

Community Type: All Age
Number of MH Lots: 12
Total Occupancy: 100.0 %
Year Built: 1970
Average MH Lot Rent: $650
Size: 2 acre(s)

Financial Information (Actual)

Gross Income $76,215
Operating Expense $21,698
Net Operating Income $54,517
Expense Ratio 28.5 %
Debt Info

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 12
Average Rent for Park-owned Homes: $650

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