Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash
  • Listing ID: 574097
  • Posted On: Oct 20, 2015
  • Updated On: Nov 14, 2017

Description

Owner requests all cash sale.Under contract twice but financing fell through. See this profitable, well-kept, 6 unit and 1 SFH Mobile Home Park with 4 additional empty pads for a possible total of 11 units. This park is located in the busy section of Winter Haven, FL. Currently there is one single family home that has 3B/1B and 6 other mobiles rented out. Perfect opportunity for a couple to fix up and remodel the single family home and run a small business with good income or have your property manager live in the home and manage your business. Rents have not been raise in many years so there is opportunity for additional income. On Septic tanks with city water. There are 5 parcels in this sale on approximately 1.31 acres. Approximate yearly taxes $ 1,820. Detailed financial information is available with CA agreement.(see attachments) Please do not visit park without an appointment. (2015) Gross Income $42,630, Expenses $12,408, Net Income $ 30,222. Owner has hired new PM and is filling all vacancies. Seller requests Cash only sale. Please do not stop at the Park and talk with tenants.

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Park Information

Year Built: 1952

Financial Information (Pro Forma)

Gross Income: $42
Operating Expense: $12
Net Operating Income: $30
Expense Ratio: 28.6 %

Utility Information

Water: City
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 7
Average Rent for Park-owned Homes: $500

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