Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 5076811
  • Posted On: Apr 1, 2024
  • Updated On: Apr 1, 2024

Description

INVESTMENT HIGHLIGHTS
2.79 acres of property on Amelia Island with positive income.
EXECUTIVE SUMMARY
27 units all owned, 2.79 acres of property on Amelia Island. 3 seperate parks, 5 units on Nottingham, 10 units on Midway, and 12 units at Old Amelia Road
TAXES & OPERATING EXPENSES (PRO FORMA - 2023)
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ANNUAL
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999
PROPERTY FACTS
Price $2,565,000
Price / SF $25.06 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 8.15%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 102,334 SF
Total Land Area 3.50 AC

Location

Fernandina Beach, FL

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