Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Listing ID: 5308971
- Posted On: Apr 16, 2024
- Updated On: Sep 6, 2024
Description
Seller financing possible! Welcome to the up and coming, quaint town of Rio, FL located in one of the tax benefit Opportunity Zones! This is a bulk sale of 17 moblie homes along with the 3.4 acres of land they sit on. No HOA community and most of the mobile homes have their own lot with well water and septic tanks. One vacant parcel is included as well. Public sewer lines were installed few years ago on the streets, so you have ability to hookup to them. Wonderful long term investment property with list of tenants wanting to move in, zero vacancy!
Location
Close to the beach and located in an Opportunity Zone!
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Total Occupancy: | 100.0 % |
| Year Built: | 1960 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $140,000 |
| Operating Expense: | $50,000 |
| Net Operating Income: | $90,000 |
| Expense Ratio: | 35.7 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
