Contact Information
Mobile Home Park Details
- Price: $499,000
- Purchase Method: Cash, New Loan
- Cap Rate: 12.3% (Actual)
- Listing ID: 6848726
- Posted On: Mar 17, 2025
- Updated On: Mar 24, 2025
Description
Rare opportunity knocks! Turn key rental package for sale! Most Homes are newer! 4338 Brannon Rd features 3 separate 3 bed 2 bath mobile homes. 4216 Barber St features 2 separate 3 bed 2 bath mobile homes. Homes are well maintained and in good condition. Tenants are long term and well qualified. Priced well below replacement cost this is an opportunity that will not last.
Call today! 850-319-5388, Jacob Hutchins
Location
13 3S 14W -17- ST A B DEV CO PLAT SW1/4 OF NW1/4 OF SE1/4 OF SE1/4 OF NE1/4 LESS 15' RW OFF N & W SIDES ORB 3936 P 396
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Total Occupancy: | 80.0 % |
| Year Built: | 1991 |
| Size: | 1 acre(s) |
Financial Information (Actual)
| Gross Income: | $81,390 |
| Operating Expense: | $19,898 |
| Net Operating Income: | $61,492 |
| Expense Ratio: | 24.4 % |
Lot Information
| Singlewide Lots: | 5 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
Park-Owned Homes
| Average Rent for Park-owned Homes: | $1,350 |
