Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.9% (Actual)
- Listing ID: 1499049
- Posted On: Aug 18, 2021
- Updated On: Mar 17, 2022
Description
A total of 9 Mobile Homes with a total of 10 rental units.
Break down of Mobile Homes are the following.
1 triple wide with waterfront views from just about every room.
5 double wide mobile homes.
1 duplex double wide mobile home.
2 single wide mobile home.
Seller will finance with $800,000 down payment.
Location
Gibsonton is bordered to the north and the east by Riverview, to the
south by Apollo Beach, and to the west by Hillsborough Bay.
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This property is located a mile off US 41 on a private drive.
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Property is located on the Bull Frog Creek with a boat ramp to
access the Tampa Bay.
Awesome Back County Flats fishing.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Total Occupancy: | 100.0 % |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $166,200 |
| Operating Expense: | $17,400 |
| Net Operating Income: | $148,800 |
| Expense Ratio: | 10.5 % |
| Debt Info: | None |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 9 |
| Average Rent for Park-owned Homes: | $1,500 |
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