Call 407-256-0123

Say that you are are calling about a mobile home park on

Address is 584 State Road 559 Auburndale, FL 33823

Scott Taylor

or, Send a Message:



Mobile Home Park for Sale in Auburndale, Florida

584 State Road 559
Auburndale, FL 33823

View on Map
Sale Price: $2,100,000

Contact Information

Scott Taylor

Mobile Home Park for Sale

Number of MH Lots: 67
Size: 4.3 acre(s)
Cap Rate: 9.5%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 793553
Posted on: Mar 18, 2017
Updated on: Dec 28, 2017
Price: $2,100,000

Property Description

67 unit Park Owned Units, Mobile Home Park

City Water & City Sewer

$9.5% CAP Rate, Stable Income, Financials available

97% Occupancy Weekly & Monthly rentals

64 Duplex Units, 3 single wide units All Park Owned

No Broker Coop Offered, Buyer pays Buyer's Broker Commission

Lakefront 4.31 acres

New Asphalt Paving December 2016

Owner is retiring

Onsite manager & onsite laundry facility

Great opportunity for new owner

Park Information

Number of MH Lots:67
Total Occupancy:97.0%
Year Built:1973
Average MH Lot Rent: $620
Size:4.3 acre(s)

Financial Information (Actual)

Gross Income$505
Operating Expense$306
Net Operating Income$199
Expense Ratio 60.6%
Debt Info0

Lot Information

Singlewide Lots:3
Doublewide Lots:64

RV Information

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

Utility Information

Water Paid By: Tenant - Individual Service

Park-Owned Homes

Number of Park-owned Homes:67
Average Rent for Park-owned Homes: $620

Amenities and Other

Laundromat: Yes
Storage: Yes