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Address is 13220 Houston Ave Hudson, FL 34667

Benny Spensieri

CRES Corp International, LLC

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103-sp Eden RV Resort

Mobile Home Park for Sale in Hudson, Florida

13220 Houston Ave
Hudson, FL 34667

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Sale Price: $3,100,000
 

Contact Information

Benny Spensieri
CRES Corp International, LLC

Mobile Home Park for Sale

Number of MH Lots: 103
Size: 12.7 acre(s)
Cap Rate: 7.0%
Purchase Method: Cash, Seller Financing, New Loan
Status: Active
Property ID: 876201
Posted on: Nov 06, 2017
Updated on: Nov 06, 2017
Price: $3,100,000

Property Description

Located in Pasco County, the Eden RV resort is a 103-sp RV park “Clothing Optional Resort. Currently operating 79-spaces, zoning permits an additional 24-spaces in which the septic system and available utilities are ready for the expansion.

The owners have put an extensive amount of time, effort and money into improving this property and business and are bringing it to the next owner who will take advantage of the additional potential that is available.
The RV park includes:

• 12.79-acres-Parcel - 15 24 17 0010 00000 1410
• 79-spaces (Operating)
• 24-space (Zoning approved additional spaces
• Doublewide (Office)
• Block Home (Currently Owner-Occupied)
• 4-Park Models
• 6-RV units
• Commercial Kitchen/Restaurant
• In-Ground Pool/Spa
• RV-Boat Storage Area
• Membership Fee Program
• 80% Occupancy (2017)
• $340K Gross Revenue (2017)
• $196K NOI (2017)

Area Competition – The Eden Resort is one of only 13 “Clothing Optional” establishments available in Pasco County.

Park Information

Number of MH Lots:103
Total Occupancy:80.0%
Year Built:1965
Average MH Lot Rent: $450
Size:12.7 acre(s)

Financial Information (Actual)

Gross Income$340,000
Operating Expense$146,000
Net Operating Income$194,000
Expense Ratio 42.9%
Debt Info

Lot Information

Park Model Lots:4

RV Information

Number of RV Lots:99
Average RV Lot Rent: $450

Utility Information

Water:Well
Water Paid By: Tenant - Individual Service
Sewer:Septic

Park-Owned Homes

Number of Park-owned Homes:10
Average Rent for Park-owned Homes: $1,100

Amenities and Other

Laundromat: Yes
Pool: Yes
Club House: Yes
Storage: Yes
Handicap Accessible: Yes