Mobile Home Park Details
- Listing ID: 818564
- Posted On: Jun 1, 2017
- Updated On: Jul 12, 2018
Description
This offering consists of 219 total sites, spread across the three communities of Carriage Manor, Orange Park, and Western Estates. Each of these communities offer unique operational and value-add opportunities to re-position the parks and boost value for new ownership. All three parks are within a 10-minute drive from each other, and form a triangle ranging from the southeast to east to northeast of downtown Tallahassee. With favorable locations around Tallahassee, the portfolio benefits from economies of scale in shared staffing to mitigate payroll expenses. These assets offer the opportunity for a scaled entry into the Tallahassee MSA, employ operational efficiencies, and continue to drive returns through the lease up of vacancies.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 1980 |
Year Built: | 1980 |
Size: | 33 acre(s) |