Contact Information

Mobile Home Park Details

  • Price: $599,999
  • Cap Rate: 10.1%
  • Property ID: 1751678
  • Posted On: Sep 6, 2022
  • Updated On: Feb 6, 2023

Property Description

*Cap Rate 10.14%

*4 Acres of Land

*12 Units

*14 Pads with Possible Expansion

*2 Small Storage Sheds

*1 Trailer Storage Building

*NO OWNER FINANCING

Location

*Close to Tallahassee

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Park Information

Number of MH Lots: 12
Total Occupancy: 91.8 %
Year Built: 1970
Size: 4 acre(s)

Financial Information (Actual)

Gross Income $87,600
Operating Expense $19,542
Net Operating Income $60,858
Expense Ratio 22.3 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

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