Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Land: This is land for developing a mobile home park
- Listing ID: 6681523
- Posted On: Aug 1, 2024
- Updated On: Oct 29, 2024
Description
Investment Proposition for Prime Development Property Alford Florida
Overview
Investment $1,500,000 159 acres including 1300 feet of Hwy frontage zoned commercial which allows everything from MHP to SFR. $400k down, terms available.
-Property Highlights
- Location:159.11 acres 1,327.89 feet of highway frontage, Alford Fl.
- Infrastructure:The town is extending public water and sewer lines along Highway frontage, directly benefiting this property.
- Development Potential:The property is suitable for both commercial and residential development, with no restrictions hindering development plans.
- Pro-Growth Environment: Alford is known for its pro-growth stance and ease of working with developers, facilitating a smooth development process.
- Traffic and Accessibility:2023 FDOT traffic count indicates 8,100 vehicles daily, increasing during the summer and beach season. The property is approximately 45 miles from the beaches, enhancing its appeal.
Advantages
1. Strategic Location: Situated along a major highway with significant daily traffic, the property offers high visibility and accessibility.
2. Infrastructure Development: The timing is ideal, as public infrastructure improvements are currently underway, reducing future development costs.
3. Flexible Development Options: The property is versatile, allowing for both commercial and residential projects without restrictive zoning laws.
4. Growth Potential: With Alford’s supportive stance on development, there is a conducive environment for rapid project approval and execution.
5. Grant: $36k per pad grant for each commercial pad.
Location
4 miles south of I-10.
13 miles SW of Marianna
Park Information
Community Type: | All Age |
Number of MH Lots: | 500 |
Total Occupancy: | 0.0 % |
Average MH Lot Rent: | $400 |
Size: | 159 acre(s) |
Financial Information (Actual)
Gross Income: | $0 |
Operating Expense: | $0 |
Net Operating Income: | $0 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |
Park-Owned Homes
Average Rent for Park-owned Homes: | $400 |