Mobile Home Park Details
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 13.0% (Actual)
- Listing ID: 479427
- Posted On: Oct 23, 2014
- Updated On: May 16, 2015
Description
Property consists of 14 Park Owned,Single Wide, 2 Bedroom mobile homes. There is also an
additional unit, owned by the park, used as an office and for laundry and storage.
All the homes are in good condition and the park is very clean and well maintained. There was a
$200,000.00 major upgrade to the park in 2006 with several new homes and an improvement of the
landscape and general appearance of the park.
Most of the units have central heat and air. Water and Sewer are provided by the city.
The park is located in Apopka, the largest city in Orange County, a city that has experienced
consistent, positive, population growth over the past 25 years. It is a super area with a good mix of
residences and businesses around; the park is also very near to Orlando.
Amenities
- Laundromat
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 14 |
| Total Occupancy: | 80.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $525 |
| Size: | 2 acre(s) |
Lot Information
| Singlewide Lots: | 14 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - RUBs |
| Sewer: | City |