Mobile Home Park with 28 park owned homes located in the heart of Labelle, FL!! This park is a cash cow with 27 of 28 homes rented and gross rent in excess of $16,000 per month. Tenants pay their own electric and park provides water and septic. All the infrastructure in the park has been upgraded in last four years. A few of the upgrades include; new well system and underground water lines, new septic drain-fields, pumps, and monitoring systems, new underground electric to each unit with new service and meters. The two private park roads have also been repaved. The 28th home needs rehab repairs and when completed monthly revenue will reach $17,000. PUT YOUR MONEY TO WORK TODAY AT A 15% CAP RATE!. This property is a cash cow with low monthly expenses. Act now - this will not last!
