Contact Information
Mobile Home Park Details
- Price: $840,000
- Purchase Method: Cash, Seller Financing
- Cap Rate: 9.0% (Actual)
- Listing ID: 6845497
- Posted On: Mar 15, 2025
- Updated On: Mar 15, 2025
Description
This property has 16 lots. There is just under 5 acres of land with frontage on hwy. 441. There are 16 Park owned Mobil homes. This property has one well and two septic systems. The well pump was replaced in May 2024 and both septic tanks were pumped in June 2024. There is also a pole barn/work shop approximately 35’ x 35’
Location
This property is located approximately 3 miles north of High Springs on Hwy. 441 , in Columbia County, Florida
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Total Occupancy: | 63.0 % |
| Year Built: | 1972 |
| Average MH Lot Rent: | $700 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $83,400 |
| Operating Expense: | $33,000 |
| Net Operating Income: | $49,600 |
| Expense Ratio: | 39.6 % |
| Debt Info: | No mortgage on this property |
Lot Information
| Singlewide Lots: | 15 |
| Doublewide Lots: | 1 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 16 |
| Average Rent for Park-owned Homes: | $700 |
