Contact Information
Mobile Home Park Details
- Price: $1,950,000
- Purchase Method: Seller Financing
- Cap Rate: 8.4% (Actual)
- Listing ID: 6827886
- Posted On: Jun 18, 2025
- Updated On: Jul 10, 2025
Description
MOBILE HOMES / RV'S / COTTAGES
PARK CONSIST OF 10 MOBILE HOMES, 17 RV'S, 10 COTTAGES,
1 DUPLEX AND 1 SINGLE FAMILY HOUSE.
100% OCCUPIED, LONG TERM RESIDENTS, NO TRANSIENT.
6 PARK OWNED RV'S RENTED FULL TIME
5 PARK OWNED MOBILE HOMES RENTED FULL TIME
LAUNROMAT WITH NEWER WASHERS AND DRYERS.
EXCELLENT INCOME, LOW EXPENSES.
ANNUAL INCOME $230,760.
EXPENSES $67,241.
8.4 cap
BELOW MARKET RENTS IN FAST GROWING AREA NEAR TAMPA. HUNDREDS OF NEW HOMES UNDER CONSTRUCTION.
PLEASE DO NOT DISTURB RESIDENTS OR MANAGEMENT.
POSSIBLE OWNER FINANCING WITH SUBSTANTIAL DOWN PAYMENT
Location
ZEPHYRHILLS, FL.
Amenities
- Laundromat
- Storage
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Park Information
Community Type: | 55 And Over |
Number of MH Lots: | 40 |
Total Occupancy: | 100.0 % |
Financial Information (Actual)
Gross Income: | $230,760 |
Operating Expense: | $67,241 |
Net Operating Income: | $163,519 |
Expense Ratio: | 29.1 % |
Lot Information
Singlewide Lots: | 27 |
RV Information
Number of RV Lots: | 17 |
Utility Information
Water: | Well |
Sewer: | Septic |