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Mobile Home Park Details

  • Listing ID: 1100219
  • Posted On: Jun 29, 2019
  • Updated On: May 7, 2020

Description

$1,500,000 – NEW FAMILY MH PARK FOR SALE ~ INDIAN RIVER COUNTY FLORIDA ~ 37 SITES plus APARTMENT BLDG.

FAMILY MH PARK FOR SALE~ INDIAN RIVER COUNTY ~ 37 SITES PLUS APARTMENT BLDG

NEW ON THE MARKET ` OWNER READY TO SELL
Asking Price $1,500,000.00 ~ 37 Sites Plus Apartment and Office Bldg.
All Lot Rents ~ Tenant Owned Homes ~ County Water ~ Individual Meters
PRINCIPLES ONLY ~ Great Location ~East Central Florida, Nearby Cities, Retail, & Residential
Great Bank Financing Available with 25 - 30% Down.

PLEASE complete & sign the attached C/A agreement (“Click Link Below”) to receive the address & financial information package.

Great upside income potential from renting 9 vacant MH/RV sites, Apartment and Office Building, Parking spaces and scheduled lot rent increases.
Family Park with 37 sites 26 long-term lot leases with Tenant Owned Homes, plus a rented apartment.

Property Type: Multifamily – Commercial Zoning

Property Use Type: MH and/or RV Rentals
Lot Size: 5.12 Acres (plus or minus)

Description

FAMILY MH Park – Has County Approval for either RV's or MH’s on 9 vacant Lots
All sites have county water and community sewer with individually metered electric and water.
Located near major cities, nearby residential, retail and commercial areas.

Revenue

2018 Rental Revenue $149,423.00 (from Tax Return)
2019 - 2020 Annualized Revenue $202,200.00 (Proforma)

Please use the “LINK” below to complete C/A agreement. Sign, initial and return to receive financial information, photos and the correct address.


Disclaimer: The information and (all files attached) have been obtained from the Seller and 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 Doug E. Rhudy, his Agents, Webster Properties, 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.

Thank you for your inquiry and consideration,

Doug Rhudy, Broker/Realtor

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 37
Year Built: 1964
Size: 5 acre(s)

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