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Address is 1649 Lake Shipp Dr. Winter Haven, FL 33880

Tom Parks

Nye Commercial Advisors

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Waterfront Park with Docks

Multi Family Housing for Sale in Winter Haven, Florida

1649 Lake Shipp Dr.
Winter Haven, FL 33880

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This Mobile Home Park is Off Market

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Mobile Home Park for Sale

Number of MH Lots: 61
Size: 13 acre(s)
Cap Rate: 7.5%
Status: Off Market
Property ID: 794957
Posted on: Mar 24, 2017
Updated on: Jan 09, 2018

Property Description

The entrance is attractive and the interior streets are paved and well maintained. There is a laundry with coin operated washers and dryers and a recreation hall. The residents enjoy the use of fishing piers, a boat ramp and rental covered boat stalls. There is a kitchen for resident use in the recreation hall. There is an additional mobile home used as a manager’s residence. A new sea wall is in place.

Park Information

Number of MH Lots:61
Total Occupancy:100.0%
Year Built:1982
Average MH Lot Rent: $425
Size:13.0 acre(s)

Financial Information (Pro Forma)

Gross Income$456
Operating Expense$170
Net Operating Income$285
Expense Ratio 37.3%
Debt Info0.00

RV Information

Number of RV Lots:26

Utility Information

Water:Well
Water Paid By: Park
Sewer:Septic

Amenities and Other

Laundromat: Yes
Club House: Yes
Storage: Yes