This is a one-of-a-kind business opportunity to own your own Florida Mobile Home Park in beautiful Live Oak, Florida with significant monthly cash flow, roughly $20,000 a month. There is an onsite and accountable property manager along with 17 recordable security cameras throughout the park to secure proper living standards for your investment and confidence as an absentee landlord.
The owner is retiring and has agreed to remain as a manager of the park for a 10% fee should you need his expertise. There is no owner financing.
-To increase additional income, you will be able to control the water usage and septic and charge accordingly.
-January 2023 a $250,000 septic system was installed for the entire park. The well water works fine and is tested by quarterly for the Florida Board of Health.
-The mobile homes sit on 4.41 acres and the streets are lined with 100-year-old Live Oaks with beautiful canopies over the road. Whenever the City has the funds to expand their water and sewer lines you then can double the parks revenue by developing the remaining five acres but not before.
-Usually, the park is 100% occupied and the demand for rental units are tremendous with 30 to 50 inquiries when a unit becomes available.
-Live Oak, Florida is growing its infrastructure in businesses. Starbucks, T-Mobile, Firehouse subs are the latest additions. Publix, Hospital, Technical College, Walgreens, CVS, Suwannee Correctional Institution with 724 staff members, Holiday Inn, Eco Lodge, Quality Inn, North Florida College, and car dealerships just to name a few.
Please call or email
Lois Seropian 941-356-4195 or lois.seropian@coldwellbanker.com