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Mobile Home Park Details

Purchase Method: Cash, Seller Financing
Cap Rate: 12.6%
Listing ID: 635395
Posted On: Feb 17, 2016
Updated On: Nov 14, 2016

Description

NEW PARK FOR SALE::: Hillsborough County, FL

ASKING PRICE::: $775,000

Family MHP - Nye MHP - 24 rental sites
Seller Financing available to qualified Buyer!

PRINCIPALS ONLY - Great Location near Tampa!
New Increased Rents!! Great Upside Potential.

24 Rental MH Sites, 17 Occupied, includes 23 park owned models, 6 ready to remodeled on 3.37 acres plus or minus.

Family Mobile Home Park with long-term renters. All sites have well water, septic, and individually metered electric and each tenant pays their own electricity.

Opportunity for New Owner to increase income by raising rents, repairing and renting existing MHs now on site and by adding additional MHs. Great upside potential with lots large enough for some Doublewides. Retail stores and commercial areas nearby. High demand location!

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

Please sign & return the Confidentiality Agreement to receive financial information and the correct address.
Email to: Bwebster53@aol.com or Fax to: 1-561-422-4075

Location

The address IS NOT Correct, please sign the c/a agreement to receive the correct address & the financial information. 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

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