Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Listing ID: 1332464
- Posted On: Sep 30, 2020
- Updated On: Mar 22, 2021
Description
Hudson, FL – Two MHP’s 19-Space/Units! SELLER FINANCING AVAILABLE!
Location: 15514-15528 Madeline Dr & 15831-15901 Brenda St, Hudson, FL 34667
Two well managed MHP’s located within close proximity to each other. Each offers a high level of income and 10.33% Cap Rate at Asking Price.
• 19-Spaces/Park Owned Units Combined
• 3.5-acres MOL
• Laundry Facility
• Well/Septic
• 100% Occupancy
• Gross Rent: $157,800
• Laundry Income: $8000
• NOI: $134,330
Financing: Seller will consider providing Seller Financing that may include the following:
• 25% Down Payment
• 4.0% Interest Rate
• 25-Year Amortization
• 5-Year Balloon
The above loan scenario is incorporated into the financial projections within this Report.
Price: Call for Pricing
POF’s must accompany all offers.
Please call before visiting the property.
India Kerr - 813-842-9642 or India.Kerr@CRESCorpINTL.com
Park Information
Number of MH Lots: | 19 |
Total Occupancy: | 100.0 % |
Year Built: | 1972 |
Size: | 4 acre(s) |