Mobile Home Park Details
- Distressed: This property is in default, REO or in foreclosure.
- Listing ID: 1374675
- Posted On: Jan 4, 2021
- Updated On: Jan 14, 2021
Description
Our firm is assisting the Chapter 11 Trustee in his efforts to sell the business or assets of Gainesville Road Community Trust in Marion County, Florida and Plum Circle Community Trust in Washington County, Florida. The Gainesville business includes two mobile home parks in Ocala, Florida, located approximately 3 miles from each other. The Plum Circle business consists of a standalone property in Chipley, Florida.
Overview
• Three income producing mobile home parks for sale via auction
• Two located in Ocala, FL
• One located in Chipley, FL
• Properties available individually or in combinations
• 109 total home sites
• 76 are currently occupied
Timing
• Bid deadline is January 13, 2021.
• Auction is scheduled for January 15, 2021 at 10:00 Eastern.
• Closing to occur by January 22, 2021.
https://www.dropbox.com/sh/k1e0dnoj29ysv3u/AABdgqtfBbWXGfy_22Rbca7ba?dl=0
Location
• Site Size: 196,020 sq. ft.; 4.50 AC
• Zoning/Land Use: High Density Residential
• Description: 30 total mobile home sites with water and sewer service provided by the City of Chipley; individually metered electrical service; garbage pickup via Waste Management
(per unit)
• Vacant Sites: 5
• Vacant Mobile Homes on Sites: 9
• Occupied Mobile Homes on Sites: 16
• Built in the 1970’s
• Potential Gross Income @ $700 per month=$260,400 annually
Park Information
| Number of MH Lots: | 30 |
| Year Built: | 1970 |
| Size: | 5 acre(s) |
