-70 SPACES-85% OCCUPIED- City Water/Sewer/cable all billed direct!

200k worth of homes/notes included in price-BUT NOT IN THE CAP RATE!

THIS PARK IS READY TO GO-
UPSIDE IS TO FILL REMAINING SPACES-about 10 spaces open
and raise rents addl $25 -50 per month
APPROX 60 OCCUPIED avg lot rent 300$

RARE - FLORIDA-CITY WATER/SEWER BILLED DIRECT TO TENANTS
-Paved roads-Majority of plumbg is PVC
Tenants are billed direct for all utilities
-Park pays trash and electric for laundry /office
-Laundry onsite
Mgr/Maint man lives onsite
10 VACANT SITES TO MOVE IN HOMES
1 home remains to be rehabbed or sold-dble wide

AVG LOT RENT OF $300 PER MONTH
Every home ,including tenants owned homes has been painted and cool sealed
BUILT IN 1972 -7.75 AC
20 Park homes ,most sold to tenants-200k value included with sale
Backs up to the local high school and middle school
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Putnam county info
74k population
5% increase from last census
Future growth 30%
60% of the pop make less than 55k per year

APT COMPS 2BR $651 3 BR $811

*WILL FINANCE FOR 6.95%/ 20YR AMORTIZATION

Putnam County is Florida' s most industrial community. Some leading employers include:
Georgia-Pacific, LLC,
St. Johns River Water Management District,
Seminole Electric Cooperative, Inc.,
Florida Power & Light Putnam Power Plant,
St. Johns River State College,
Putnam Community Medical Center,
Vulcan Materials Company,
Precision Response Corporation,
Hubbell Power Systems,
True House Truss,
Hanson Pressure Pipe,
Lafarge North America, Inc.,
PDM Bridge, LLC,
Newcastle Marine, Inc.,
St. John' s Shipbuilding.

PUTNAM COUNTY INFO
http://www.putnamcountychamber.com/mx/hm.asp?id=BusinessClimate