Photo of Mobile Home Park

Mobile Home Park Details

Purchase Method: Seller Financing
Cap Rate: 9.0%
Listing ID: 385516
Posted On: Jul 9, 2013
Updated On: Dec 10, 2013

Description

Located in Mount Dora, Florida, Sunny Pines is a 55+ mobile home park community with 50 mobile home spaces, 6 park owned homes, six RV spaces, a three bedroom house and a commercial building. Of the 50 mobile home spaces, 47 are single wide and 3 are double wide. All spaces can accomodate double wide mobile homes with proper planning.

Amenities include a community clubhouse, swimming pool and laundry room. Additionally, the park has a potential income producing building at the front of the property and adjacent to US441 that is zoned commercial.

The community pool has recently been resurfaced and changed over to a salt water filtration system. The clubhouse is centrally located for community events and activities. There is an indoor shuffleboard game inside the clubhouse. The laundry facility has brand new coin operated machines.

The park has frontage on 441, which is a busy major throroughfare in the Orlando area and runs from Miami, Florida all the way to Tennessee.

Location

Sunny Pines is located in Mount Dora, which is in north western Orange County, Florida. Mount Dora is a charming, historical town located in Central Florida, a short half-hour drive from Orlando. Mount Dora evokes the quiet and comfortable "southern" charm and hospitality of a lakefront community nestled amongst gentle hills and orange groves.

At an elevation of 184 feet above sea level, Mount Dora is Florida's equivalent of a mountain-top town.

Many people visit the quaint downtown Mount Dora "village" to enjoy the unique shopping and dining. It is also renowned for its year-round art festivals and cultural events.

Less than a half mile north of Sunny Pines is a new Publix grocery store with several shopping and dining options.

Mount Dora is 31 miles north east of Orlando, Florida and 48 miles south east of Ocala, Florida. This city is part of the Orlando metropolitan statistical area (MSA). About 12,000 people live in Mount Dora.