Contact Information
Esperanza Sierra
Mobile Home Park Details
- Price: $559,999
- Cap Rate: 10.1%
- Listing ID: 6727891
- 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 Present For Sale The 17 Site Cash Flowing Mobile Home Park (Including a Duplex). This Investment Opportunity Offers 11 Occupied Sites Paying a Total Gross Monthly Rent of $6,696 a Month With The Opportunity to Capitalize 6 Vacant Sites. Utilize the Acreage For Further Expansion Potential With the Development of up to 150 Total Sites on 50+ Acres, Lease the Farm Land or to Monetize The Timber on The Property.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 17 |
| Total Occupancy: | 65.0 % |
| Size: | 53 acre(s) |
Financial Information (Actual)
| Gross Income: | $80,352 |
| Operating Expense: | $23,972 |
| Net Operating Income: | $56,380 |
| Expense Ratio: | 29.8 % |
Utility Information
| Water Paid By: | Tenant - Submetered |
| Sewer: | Septic |
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