Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Listing ID: 4172893
- Posted On: Dec 14, 2023
- Updated On: May 17, 2024
Description
These are 2 Mobile Home Parks being Sold together. 29 Pads Total with 26 POH remodeled and 3 vacant pads. Seller will owner finance with 50%Down at 5.5% interest rate 20 yr amortization 7 yr balloon.
Location
1st MHP is 11226+ Old Woodville Road in Woodville just south suburb of Tallahassee. 2nd is in the next county, Wakulla. In the Town of Crawfordville. 192+ Hickory Avenue.
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Park Information
| Number of MH Lots: | 29 |
| Total Occupancy: | 96.0 % |
| Size: | 16 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $315,780 |
| Operating Expense: | $46,400 |
| Expense Ratio: | 14.7 % |
| Debt Info: | seller will hold 50% financing at 5.5%int. 20 yr amortizations. 7 yr balloon |
RV Information
| Number of RV Lots: | 3 |
| Average RV Lot Rent: | $425 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
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