Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 13.0% (Actual)
- Listing ID: 636899
- Posted On: Feb 22, 2016
- Updated On: Dec 14, 2016
Description
OFF Market/Unable sell-Encroachment/ Varience issue.25 Space Mobile Home Park in Ft. Meade, FL. 13% Cap Rate! Central Water with updated septic system, includes club house all with good frontage on Hwy 17 with median turn at the property. Call soon as this one will be sold fast.
Amenities
- Club House
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Park Information
| Community Type: | 55 And Over |
| Number of MH Lots: | 25 |
| Total Occupancy: | 100.0 % |
Financial Information (Actual)
| Gross Income: | $63,000 |
| Operating Expense: | $27,000 |
| Net Operating Income: | $35,000 |
| Expense Ratio: | 42.9 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
