Contact Information

Mobile Home Park Details

  • Price: $778,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Land: This is land for developing a mobile home park
  • Property ID: 1644023
  • Posted On: Apr 12, 2022
  • Updated On: Apr 12, 2022

Property Description

GREAT INVESTMENT OPPORTUNITY (WITH SOME SELLER'S FINANCING AVAILABLE) IN ONE OF SOUTH WEST FL GROWING COMMUNITY. 10 ACRES MOBILE HOME PARK - ZONE FOR UP TO 5 UNITS PER ACREA. Very close to Babcock Ranch (first solar town in the U.S. with almost 20,000 houses in it's final phase of completion) property is on dead end street! Very quiet, full of nature. Income producing property , three separate parcels. Existing Mobile Home Park with 6 mobile homes and plenty of room for more. Property currently producing about $50,400 annually with basically no expenses than property tax and liability insurance. Profit about $42,000 every year! Zoned mobile home conventional.

Location

Exit 143: SR 38/BAYSHORE RD/PINE ISLAND RD. EAST ON SR - 78, THEN CONTINUE ON SR 31 CONTINUE TO LITTLE FARM RD

Amenities

  • Handicap Accessible
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Park Information

Community Type: All Age
Number of MH Lots: 50
Total Occupancy: 100.0 %
Size: 10 acre(s)

Financial Information (Actual)

Gross Income $50,000
Operating Expense $8,000
Expense Ratio 16.0 %
Debt Info PROPERTY TAXES, YARD MAINTENANCE, ETC

Lot Information

Singlewide Lots: 5
Doublewide Lots: 1
Triplewide Lots: 0

RV Information

Average RV Lot Rent: $0

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 6
Average Rent for Park-owned Homes: $800

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