Mobile Home Park Details
- Cap Rate: 11.2%
- Listing ID: 106869
- Posted On: Oct 14, 2011
- Updated On: May 30, 2024
Description
For Sale: Principles Only...
...Fish Camp, Lake Apopka, Orange County, FL
Asking Price was... $550,000 ... NEW ASKING PRICE $499,000
Direct lake frontage on Lake Apopka on 5 acres with 16 mobile home sites, 15 are park owned mobile homes, 9 cabins and 10 rustic RV sites. Rents are month to month…shower and bathroom facilities...the property in need of major upgrading…. this is a great property with large trees…real old Florida.
Owner selling “As Is†condition!
1-Private well and septic systems
Currently 9 mobile homes and 5 cabins rented
Current Estimated Gross rent $112,200
Estimated Expenses 50% $ 56,100
Net Estimated Operating Income $ 56,100
Possible OWNER FINANCING with 30% down…
NEW ASKING PRICE… $ 499,000
Disclaimer:
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Bob Webster or Wm Robert Webster Inc. a real estate corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.
Location
Address is not correct. Please sign attached c/a agreement to receive information & correct address of the park. Thank you!
Park Information
Size: | 5 acre(s) |