Contact Information

Mobile Home Park Details

  • Price: $2,295,000
  • Purchase Method: Cash
  • Listing ID: 5077185
  • Posted On: Apr 1, 2024
  • Updated On: May 29, 2024

Description

3 MHP's located on Amelia Island, 27 units total. 2.79 acres total property. Old Amelia Road has 12 units Nottingham Road has 5, and Midway road has 10 units. All units currently occupied with average rent including vacancy around $1100.

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Park Information

Community Type: All Age
Number of MH Lots: 27
Total Occupancy: 100.0 %
Average MH Lot Rent: $1,100
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $298,718
Operating Expense: $250,176
Net Operating Income: $48,541
Expense Ratio: 83.7 %

Lot Information

Singlewide Lots: 27

RV Information

Number of RV Lots: 0

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 27
Average Rent for Park-owned Homes: $1,200

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