Contact Information

Mobile Home Park Details

  • Price: $1,050,000
  • Purchase Method: Cash
  • Cap Rate: 8.8%
  • Listing ID: 5290527
  • Posted On: Apr 12, 2024
  • Updated On: Apr 19, 2024


Beck Partners is pleased to present for sale this 2-park portfolio located in West Pensacola, Florida. The parks are centrally located within half a mile of each other allowing for ease of management and operational efficiencies. Lillian Mobile Home & RV Park consists of 16 lots and one stick-built home on public water and sewer. There are submeters in place at Lillian that are not being used by the Seller, which would allow a Buyer the ability to bill back water immediately. Hobbs Mobile Home & RV Park consists of 10 lots and one stick-built home that are serviced by public water (master meter) and septic tanks. As evidenced by the rent roll, both parks feature tenants with below-market rents, leaving easy upside for a Buyer. There are three rent-to-own contracts (RTOs) that will be transferred with the parks, as well as one park-owned RV. Electric is individually metered and paid directly by tenants; each park has a dumpster that is paid for by the park.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Total Occupancy: 93.0 %
Size: 3 acre(s)

Lot Information

Singlewide Lots: 9

RV Information

Number of RV Lots: 17

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Download Documents

Similar Mobile Home Parks for Sale