Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
- Listing ID: 1228958
- Posted On: Mar 15, 2020
- Updated On: Jul 11, 2020
Description
This is an opportunity to capture a high income producing MHP providing a 15% Cap Rate at 80% occupancy. Not too many of these around! The seller is continuing to lease four remaining units/spaces and may have this completed by the time you purchase this park.
This MHP includes:
• 4-acres
• 19-spaces (Possible 21 spaces)
• 14-POM
• 2-Park Owned RV
• County Water
• Septic (2-Tanks Serviced every 6 months)
• 80% Occupancy
• Gross Revenue = $133,920
• NOI = $107,120
Asking Price: $750,000
Financing: Seller will provide Seller Financing to a Qualified Purchaser
Location
Gibsonton, FL
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 21 |
Total Occupancy: | 80.0 % |
Year Built: | 1978 |
Average MH Lot Rent: | $800 |
Size: | 4 acre(s) |