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

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