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

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

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