Photo of Mobile Home Park

Mobile Home Park Details

Purchase Method: Cash, New Loan
Cap Rate: 13.3%
Listing ID: 514442
Posted On: Mar 25, 2015
Updated On: Jun 1, 2017

Description

FAMILY MOBILE HOME PARK FOR SALE: Palm Beach County, Florida

~~18 rental spaces~~15-MH sites and 3 Houses

Reduced ASKING PRICE: $625,000

~~~PRINCIPALS ONLY ~~~

HIGH RENTAL DEMAND - Stable Park-Stays 100% Full

Family Park with long-term residents. City Water. Septic systems. Schools, stores, commercial and residential surround Park. All sites and houses are individually metered by Power Company. Park is on 1.43 plus/minus acres. Sale includes 7 park owned mobile homes, 8-long-term lot rentals and 3 rented houses. Park Stays full. Waiting list for any vacancies that might occur.

Owner is anxious to sell.

Cap Rate 13.3%

The address IS NOT correct. PLEASE SIGN and return the C/A agreement (attached below) to receive all financial information, pictures and correct address of park!

Location

Disclaimer: The information and (all files attached) have been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Doug E. Rhudy, his Agents or Wm. Robert Webster Inc., A Real Estate Corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.

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