Contact Information
SIG Marketing
Mobile Home Park Details
- Price: $650,000
- Cap Rate: 10.1%
- Listing ID: 6727890
- Posted On: Sep 13, 2024
- Updated On: Sep 13, 2024
Description
Contact Lead Broker: William Capone
Email: wcapone@SIGnnn.com
Phone Number: 954-723-8342
Sands Investment Group is Pleased to Exclusively Offer For Sale the Bonifay Estate Located at Windy Lewis Road in Bonifay, FL. This Deal Has 19 Lots With 14 Occupied (18 Licensed MH, 1 Storage) - 5 Tenant Owned Homes, 9 Park Owned (1 Rent to Own Contract) + 1 Park Owned Being Used For Storage and Increase Lot Rents to Market Levels of $400+, Providing For a Secured Investment.
Amenities
- Storage
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Park Information
Community Type: | All Age |
Number of MH Lots: | 19 |
Total Occupancy: | 74.0 % |
Size: | 6 acre(s) |
Financial Information (Actual)
Gross Income: | $96,900 |
Operating Expense: | $31,119 |
Net Operating Income: | $65,781 |
Expense Ratio: | 32.1 % |
Lot Information
Singlewide Lots: | 19 |
Utility Information
Water: | City |
Sewer: | City |