Contact Information

ALAN LAWTON
Wild Elm Properties LLC

Mobile Home Park Details

  • Price: $1,399,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.0% (Actual)
  • Listing ID: 6894286
  • Posted On: May 6, 2025
  • Updated On: May 6, 2025

Description

15-unit mobile home park located in Orange County Florida. All units are parked owned. City Water and sewer. Each unit has its own meter for power. Room for three more units. Gross rents for 2024 $149,000. Professionally Managed turnkey operation. All the units have been recently gone through. Great location and easy to rent in greater Orlando area.

Location

Orange County FL

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Park Information

Community Type: All Age
Number of MH Lots: 15
Total Occupancy: 90.0 %
Year Built: 1988
Average MH Lot Rent: $950
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $149,000
Operating Expense: $38,000
Net Operating Income: $111,000
Expense Ratio: 25.5 %
Debt Info: None

Lot Information

Singlewide Lots: 15
Doublewide Lots: 0

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 15
Average Rent for Park-owned Homes: $950

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