Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 10.0%
- Listing ID: 3049075
- Posted On: Jun 2, 2023
- Updated On: Sep 7, 2023
Description
FOR SALE BY OWNER - Its a steal @ $699,000. Cash Only!
11.8 Acre - 20 1/2 Acre lots - Market rate per lot is Apx. >$380.00.
20 lots @ $320.00. Taxes and insurance Apx <@5,000.00.
Park is on Auto Pilot. Lot rent only. No Homes are owned by seller.
Tenants pays electric, water, cable, trash, 20 individual septic tanks just treated. CALL - 352-988-3507
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 20 |
| Total Occupancy: | 100.0 % |
| Year Built: | 2000 |
| Average MH Lot Rent: | $320 |
| Size: | 11 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $75,000 |
| Operating Expense: | $5,000 |
| Net Operating Income: | $69,000 |
| Expense Ratio: | 6.7 % |
Lot Information
| Doublewide Lots: | 20 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
