14 space lakefront & Hwy 27 front Adult Mobile Home Park with 7 Unit Motel & office all on private street sloping down to majestic oaks over shoreline of Lake Josephine(2,200 acre bass fishing lake) Sebring, FL. Owner Financing 1st Mtg with $500,000 Down 6% interest 20 yr amort. 3yr balloon. Rent roll:Lot#1:Owned MH/Lt @$1,500/m;Lots 2-11 @$380/m;Lakefront lots:Lt 12@400/m Lt 13@$450/m;Lt#14 is Vacant;Hotel units 1-6@$700/m & unit#7@$800/m making PGI of $133,800/EGI $116,000/NOI $78k 67%. Ideal property to enjoy lakefront living while running you own income property. Beautifully managed & easy to operate! Come see why everyone is escaping cities to enjoy these type properties. All buyer's must sign a confidentiality agreement prior to receiving financials or any showings.
