57 Lot Mobile Home and RV Park, Perry, FL

This is a combination of Mobile Home and RV Park with long term tenants and leases in place.

Over $80,000 in CAP-X invested into the park's infrastructure, common areas, and units.

Move in ready large 3 bedroom 1 bath house on premises makes this a perfect investment opportunity for owner-manager. Seller will consider cash price and/or owner financing options.

Please DO NOT visit the park or talk to tenants as they are unaware of a potential sale. Please call to arrange a date and time to visit the premises.

>>PARK CONSIST OF>>
10 acres
57 Total Lots
1 House (3 bed & 1 bath
1 House (2 bed & 1 bath)
3 Park owned mobile home (3 bed & 1 bath)
14 Park owned mobile home (2 bed & 1 bath)
4 Park owned mobile home (1 bed & 1 Bath)
3 Park owned RV’s
27 Lots
4 New approved campsite lots (not serviced)
On-site laundry facility
On-site Women and Men bathhouse with 3 showers stalls in each
Storage room
Large storage and workshop barn

>>UTILITIES & INFRASTRUCTURE>>
- Electric (tenant pays) - Individually metered (expect for RV lots)
- City water (owner pays)
- Gas for bathhouse (owner pays)
- Septic/Drain field

>>PRO-FORMA>>
- Pro-forma Gross Income (with 20% vacancy rate): $200,496
- Pro-Forma NOI (50% expense ratio): $100,248

>>2020 SCHEDULED INCOME>>
- 2020 Scheduled Gross Revenue: $101,980
- 2020 Scheduled NOI: $56,089

>>CURRENT YEAR INCOME>>
- Current Monthly Rent Roll (July 2020): $8,655
- 2020 CY Actual Gross Revenue (July 2020): $59,480
- 2020 CY Actual NOI (July 2020): $34,084

>>PREVIOUS YEAR INCOME>>
- 2019 Gross Revenue: $89,089
- 2019 NOI: $44,454