Mobile Home Park Details
- Cap Rate: 6.0%
- Property ID: 1862581
- Posted On: Sep 12, 2022
- Updated On: Jan 12, 2023
Property Description
*52 Full Hook-up Sites: 20, 30 & 50 Amp Electric Connections, Metered at each location.
*High Speed Wifi Covers all Sites
*30 x 70 ft CBS Maintenance Building onsite
*Fire Hydrant Onsite: Retention Pond area at the back of the park.
*Value Add Potential: Build out Maintenance Building for Laundry, Bathhouse & Additional Amenities
*Expand onto Waterfront with Dockage.
Location
On Black Creek. Gulf Of Mexico beaches 15 miles away.
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Park Information
| Total Occupancy: | 55.0 % |
| Year Built: | 2022 |
| Size: | 12 acre(s) |
Financial Information (Actual)
| Gross Income | $577,200 |
| Operating Expense | $80,112 |
| Net Operating Income | $237,348 |
| Expense Ratio | 13.9 % |
| Debt Info |
RV Information
| Number of RV Lots: | 52 |
