Contact Information

Mobile Home Park Details

  • Price: $499,000
  • Cap Rate: 7.7%
  • Property ID: 1884630
  • Posted On: Sep 14, 2022
  • Updated On: Oct 13, 2022

Property Description

*18 Lots, 14 Tenant Owned Homes

*4 Vacant Lots to Increase Value by Adding Homes

*Professional Property Management in Place

*Paved Roads

*In Town Location, Walking Distance to Shopping for Residents

Location

*Close to I-10 traversing FL Panhandle and Routes to GA

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Park Information

Number of MH Lots: 18
Year Built: 1970
Size: 3 acre(s)

Financial Information (Actual)

Gross Income $45,360
Operating Expense $7,181
Net Operating Income $38,179
Expense Ratio 15.8 %
Debt Info

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