Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 2084139
  • Posted On: Feb 24, 2023
  • Updated On: Jun 28, 2023

Description

41 space park conveniently located just minutes from Tyndall Airforce Base and Panama City, FL with 100% park owned homes for maximized cashflow! This piece of property has been completely redone in the last 3 years and all units are 3 years old or less (8 are brand new). Some of the site upgrades include all new sewer lines, all new water supply lines, updated replat with the City of Callaway, rerouted and improved drainage, and new privacy fence all the way around the perimeter. All power lines were moved to run around the outside of the park, and lines accessing interior units were taken underground, so there are NO POWER LINES hanging over any of the units. There are currently 25 park owned homes on the premises and 1 cinder block duplex. The current plat/zoning will allow for 41 total units, so there's plenty of upside and opportunity! Interior lots can be tucked amongst existing oak trees to create a great "park-like" setting. The remaining infill will be in the interior and along the southern edge. There's a second cinder block structure that can be remodeled as a residence, converted to a laundry facility, and built out for onsite storage.

Location

Tucked just of Hwy 98 between Panama City and Tyndall AFB.

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Park Information

Community Type: All Age
Number of MH Lots: 41
Year Built: 2021
Average MH Lot Rent: $575
Size: 5 acre(s)

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 25
Average Rent for Park-owned Homes: $1,450

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