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, Seller Financing
  • Cap Rate: 12.1%
  • Listing ID: 634865
  • Posted On: Feb 15, 2016
  • Updated On: Aug 21, 2016

Description

NEW PARK FOR SALE: ~~~ASKING PRICE $565,000~~~

FAMILY MH & RV Park, 12 Rental Sites, including 1 House, 9 MH sites & 2 RV sites, 2 Car Garage/Storage Building

Okeechobee County, Okeechobee, Florida
SELLER FINANCING

PRINCIPLES ONLY- Great Location in South Florida

Great upside income potential. Park now includes 2 additional rented homes, one very nice with cherry cabinets, etc., plus a 2 car garage/storage building, fire pit and more. Road front House, all units remodeled, includes land for future addition of MHs or RVs, subject to county approval. Really cute Key West flair, with colors to match and elaborate landscaping. Family Park stays full with long-term renters and waiting list. High demand, very popular location. All sites have water, septic and electric. New Owner may be able to add additional MH’s or RV’s, subject to County approval.

Lake Okeechobee, stores and commercial areas across the street.

All sites have electric, water and sewer hook-ups. Sale includes House and 7 remodeled Park owned models. 2.5 plus or minus acres.

Owner is ready to sell and would consider Seller Financing to a qualified Buyer.

Location

The address IS NOT correct. Please sign the attached c/a agreement to receive the financial information and the correct address of this mobile home park opportunity. Thank you.

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 Douglass 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.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Size: 3 acre(s)

Financial Information (Pro Forma)

Gross Income: $80,316
Operating Expense: $11,622
Net Operating Income: $68,694
Expense Ratio: 14.5 %

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