Mobile Home Park Details

  • Listing ID: 6154426
  • Posted On: Jun 6, 2024
  • Updated On: Aug 9, 2024

Description

Discover an exceptional investment opportunity in the heart of Steads with this profitable mobile home park, priced attractively at $1 million. Boasting rental rates ranging from $450 to $550, this property promises steady income streams for investors. Its prime location ensures convenient access to local amenities and attractions, making it an ideal choice for both seasoned investors and newcomers to the real estate market. Don't miss out on the chance to capitalize on this lucrative investment in the thriving community of Steads.

Location

Located in Jackson County, Florida, Steads offers a tranquil yet vibrant living environment with its picturesque landscapes and close-knit community atmosphere. Situated amidst the serene backdrop of natural beauty, residents enjoy easy access to nearby amenities and recreational opportunities, making it an ideal setting for families and individuals seeking a balanced lifestyle. This is an amazing place that has a state hospital and prison near by.

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Park Information

Number of MH Lots: 12
Total Occupancy: 100.0 %
Average MH Lot Rent: $460
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $60,819
Operating Expense: $854
Net Operating Income: $59,964
Expense Ratio: 1.4 %

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City