Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 2032313
- Posted On: Feb 10, 2023
- Updated On: Aug 8, 2023
Description
8.33 Cap rate with County Sewer and County Water. Don't miss this incredible opportunity to own a mobile home park in Tampa Bay! This property features 24 rental spaces and 1 house, all with long-term tenants that have passed background checks. Collecting rent is a breeze, as tenants pay online. There's also added convenience because each site is individually metered for electric which the tenant pays directly and sub-metered for water with a third party billing and collection service. Invest in your future today with this great real estate opportunity!
This property is turn key with great tenants and in an excellent location for future appreciation and development.
County sewer and County water for utilities.
Location
Located off Hwy 41 / Tamiami Trail in Ruskin Fl . (RTC-1) Maximum Density: 20 dwelling units per acre.
Park Information
| Number of MH Lots: | 24 |
| Average MH Lot Rent: | $625 |
Financial Information (Pro Forma)
| Gross Income: | $194,496 |
| Operating Expense: | $26,887 |
| Net Operating Income: | $167,609 |
| Expense Ratio: | 13.8 % |
RV Information
| Number of RV Lots: | 4 |
| Average RV Lot Rent: | $625 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $750 |
