Contact Information
Stan Maxwell
Mobile Home Park Details
- Price: $750,000
- Purchase Method: Cash, Seller Financing
- Cap Rate: 6.4%
- Listing ID: 5192235
- Posted On: Apr 8, 2024
- Updated On: Apr 17, 2024
Description
Whispering Pines mobile home
community is a hidden gem with 18 fully occupied lots.
Situated near Jacksonville, FL, it poses a
perfect balance to city life, attracting individuals looking for
an affordable yet peaceful lifestyle outside the city center. With
a track record of low maintenance and steady returns, this
community presents a reliable investment opportunity.
Whispering Pines MHP offers the best of both worlds - a smalltown
atmosphere within a major city, promising financial
security in this investment prospect.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 18 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1979 |
| Average MH Lot Rent: | $300 |
Financial Information (Actual)
| Gross Income: | $64,800 |
| Operating Expense: | $17,154 |
| Net Operating Income: | $47,646 |
| Expense Ratio: | 26.5 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
