Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Property ID: 1694715
  • Posted On: Jun 20, 2022
  • Updated On: Jan 26, 2023

Property Description

Investment Highlights:

Sales Price: $595,000

16 Space Mobile Home Community, Public Utilities, Water/Sewer charged back

Concrete Roads and Drives

MSA Population > 170,00 with positive population and job growth

Infill Opportunity; 14 spaces vacant

Beautiful Beach Location, Roughly 25 minutes to the Emerald Coast

Location

Broker of Record- Ed Murray, NAI Talcor

16 Space Infill Opportunity in Beautiful Panama City, Florida.

Upside in rents and infill

Positive Population and Job Growth in MSA; 7.4% population growth since 2020

Median Household Income: $56,483

Median Home Price: $259,200; Home appreciation over the last 10 years has been 12.5%.

71% MSA Overall Housing Occupancy Rate

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

Park Information

Community Type: All Age
Number of MH Lots: 16
Total Occupancy: 12.5 %
Average MH Lot Rent: $175
Size: 1 acre(s)

Lot Information

Singlewide Lots: 16

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0

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