Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 12762
- Posted On: Jan 15, 2015
- Updated On: Dec 23, 2018
Description
$70K (no financing) / Purchase opt. / 1031 ............. OR ......... BRING YOUR BEST DEAL TO THE TABLE. LETS HEAR YOUR IDEA'S AND OFFERS. ALL OPTIONS ARE ON THE TABLE.
EXTENSIVE DUE DILIGENCE ON THIS PROPERTY / AREA IS AVAILABLE. If you are serious about owning a cash cow mobile home park and you can show proof of funds, I'll be more than happy to give you targeted relevant and current info that will allow you to expedite your decision making process. The due diligence is done, all you have to do is evaluate and make a decision.
Using the reconfiguration plan I have prepared (proposed) this can easily become a $1M park with an annual income of approx +/-$130K. All of the bells and whistles are in place. Buy me out or partner with me.
For health and distance reasons only I have temporarily shut the park down. I am liquidating this park as it sits or I will reopen it in the near future when residence is ready in Jacksonville.
If you can't show proof of funds, please don't waste my time. I'm not interested in tire kicker conversation with a boat load of BS. If you are serious, step up to the plate.
If you cant handle investing revenue, some blood, sweat and tears.... (AKA SWEAT EQUITY) please don't waste your time or mine, its not for you. This park is an absolute gem for the right person. Overhead photo is older, the other is current.
20 LOT MOBILE HOME PARK WITH ALL THE PERKS. Distance is my obstacle and a few small health concerns. If you reside within an 1-2 hours of this location and have experience (and cash) you can hit a home run for years to come with this investment. There are numerous parks in the general vicinity and all have one thing in common....... local hands on and they are practically at full occupancy most of the time.
FEE SIMPLE: Approximately +/- 2.87 acre Mobile Home Park
Ware County, Georgia
Deeded as 20 mobile home lots with all the major bells and whistles. Zoning allows up to 24 - 28 units. Currently 7 park owned units, 6 of which will convey with the park. Situated just outside of town in a well populated area. Utilities include public water, city sewer available, electric, catv, telephone service.You can steal this great investment opportunity under a purchase option contract having little or no risk and every opportunity to add another great cash flow investment to your portfolio.
Purchase price is $80K or the right buyer may purchase under a 1-2 year option contract with subsequent seller financing and no additional down payment, 10 year amortization with 5 year balloon and interest only payments. Purchase Option price is higher. Balloon due in 7 years.
OR
I can also entertain 1031 exchanges for Florida Single Family or Multi Family in or near the following preferred areas. Jacksonville to Ft. Lauderdale, Orlando area, Kissimmee, Celebration, Lakeland and Brandon, however other Florida areas can be considered.
FOR ADDITIONAL INFORMATION CONTACT
NEAL SLOAN 443-879-9017
Park Information
Number of MH Lots: | 20 |
Total Occupancy: | 0.0 % |
Average MH Lot Rent: | $400 |
Size: | 3 acre(s) |
Lot Information
Singlewide Lots: | 20 |
RV Information
Number of RV Lots: | 20 |
Average RV Lot Rent: | $400 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Park-Owned Homes
Number of Park-owned Homes: | 7 |
Average Rent for Park-owned Homes: | $400 |