6 unit mobile home park located just outside of Bonifay. Current cap rate of 10.43 and could easily be brought to 14.5 by filling a vacancy and slight rent raises. This is a great opportunity for an investor to consistently cash flow without the stress of dealing with home maintenance repairs. Bonifay is consistently increasing in population and has great demand for rentals. All homes are on well and septic and individually metered. Located on Hwy 90, this location gives tenants quick access to Chipley, Marianna, or Defuniak Springs or be in Panama City Beach in under 1 hour. The owners of the property are licensed real estate agents with equitable interest representing themselves. One home is tenant owned paying $450/mo lot rent. Three homes are on a rent to own contracts paying $450/mo lot rent each with a combined $126/mo in financing with over 9 years remaining until payoff on each. There is another tenant renting for $300 per month for a total monthly rent revenue of $2,226/mo. There is 1 park owned home that is vacant that could be renovated or sold for additional income. The owners are responsible for the park infrastructure (well, septic, pipes in the ground) and the tenants are responsible for any issues with their home above ground.