Contact Information

Mobile Home Park Details

  • Price: $850,000
  • Purchase Method: Cash
  • Cap Rate: 9.0%
  • Property ID: 1500947
  • Posted On: Aug 21, 2021
  • Updated On: Aug 21, 2021

Property Description

12 Unit Mobile Home Park with existing Tire Shop!! This is an excellent investment with almost 9% cap rate as is! If you're looking for a great investment with fantastic return this is it!! Call for more details and a private tour of the park and facilities!!

Location

Thontosassa, FL 33592

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Park Information

Community Type: All Age
Number of MH Lots: 12
Total Occupancy: 100.0 %
Year Built: 1956
Average MH Lot Rent: $850

Financial Information (Actual)

Gross Income $110,000
Operating Expense $25,000
Net Operating Income $85,000
Expense Ratio 22.7 %
Debt Info

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Average Rent for Park-owned Homes: $850

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