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Intercoastal Waterway Vews 3670 Dixie Hwy, Palm Bay, FL 32905

Off Market  

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.0% (Actual)
  • Listing ID: 627281
  • Posted On: Feb 1, 2016
  • Updated On: May 29, 2016

Description

Very Clean no deferred maintenance 37 address's MHP located on the east coast of Florida with over 135 feet frontage on the intercoastal waterway. includes 6 buildings with 11 rentals (SF's and Duplex's and workshop buildings),

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Park Information

Community Type: All Age
Number of MH Lots: 24
Total Occupancy: 90.0 %
Average MH Lot Rent: $330
Size: 3 acre(s)

Financial Information (Actual)

Gross Income: $160
Operating Expense: $60,000
Net Operating Income: $100,000
Expense Ratio: 37500.0 %

Lot Information

Singlewide Lots: 23
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Park-Owned Homes

Number of Park-owned Homes: 5
Average Rent for Park-owned Homes: $500

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