Our Model Home Gallery
Our Model Home Gallery
1500 Acres, First Phase 114 pads East Side
1500 Acres, First Phase 114 pads East Side
Our Model Home Gallery
1500 Acres, First Phase 114 pads East Side

Contact Information

Mobile Home Park Details

  • Price: $625,000
  • Listing ID: 6677277
  • Posted On: Jul 25, 2024
  • Updated On: Jul 25, 2024

Description

Osprey Point Homes
Osprey Point Village
Opportunity
1. Land Acquisition and Size:
- 640 acres purchased in February 2022.
- 855 acres acquired in August 2022.
- These acquisitions combine to a total of approximately 1,500 acres, positioning it to become the second-largest mobile home park in Florida. We own the land outright.

2. Investment Offer:
- Selling 1% ownership stakes in the entire project for $125,000 each. Selling 5% total for $625,000.

3. Project Details:
- The development will include a 3,500-pad mobile home park.
- All necessary approvals for the park's construction and operation have been secured.

4. Financials:
- $10 million has already been raised for this project in 2022.
- The valuation you would come in at $12.5 million.
- The land alone, even under immediate resale conditions ("fire sale"), is valued at $30 million.

5. Ownership Benefits:
- Each 1% investment covers:
- 1% of the land ownership.
- 1% ownership in the mobile home park business operating on this land.
- 1% of the net profits from selling mobile homes within this park.

6. Revenue Projections:
- Once fully operational and stabilized, the mobile home park is projected to generate $1.5 million in net profits per month. (Without factoring in lot rent increases)
- Sales of mobile homes are expected to net $50,000 per home. With 3,500 homes, this would total approximately $175 million in revenue from sales alone.

Last chance, Final 5% to be sold, become the third largest investor/owner in the second largest MHP in the state of Florida. Dealership is open and selling homes as we speak.

30+ years of experience selling MH’s and building similar developments.

Location

North Bay County, Southport Florida just north of Panama City

Amenities

  • Pool
  • Club House
  • Storage
  • Handicap Accessible
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 3500
Year Built: 2024
Average MH Lot Rent: $600
Size: 1,500 acre(s)

Lot Information

Doublewide Lots: 3500

Utility Information

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

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