Inside Homes
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 1472450
- Posted On: Jul 7, 2021
- Updated On: Oct 12, 2022
Description
75 Unit mobile home park/ Fishing Resort. Included are 25 park owned double wide mobile homes, 12 Modular Homes sites, 11 concrete block cabins, 12 (22 x 50) RV sites and 18 docks sitting on a 4500 acre lake. You can see what the park looks like, financials, surveys and layout at FLORIDAPARTNERSTRUST.COM We are currently developing the park and expect completion by the end of the year go to floridapartnerstrust.com for more info
Location
Lake Panasoffkee, Florida
Amenities
- Laundromat
- Pool
- Storage
- Club House
- Handicap Accessible
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 75 |
| Total Occupancy: | 100.0 % |
| Year Built: | 2020 |
| Average MH Lot Rent: | $1,250 |
| Size: | 31 acre(s) |
Financial Information
| Operating Expense: | $313,582 |
| Net Operating Income: | $724,753 |
| Debt Info: | See info at floridapartnerstrust.com |
Lot Information
| Doublewide Lots: | 52 |
| Park Model Lots: | 52 |
RV Information
| Number of RV Lots: | 12 |
| Average RV Lot Rent: | $1,250 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 52 |
| Average Rent for Park-owned Homes: | $1,250 |
