Mobile Home Park Details
- Listing ID: 851771
- Posted On: Aug 30, 2017
- Updated On: Apr 23, 2019
Description
PROFITABLE RV PARK ~ FOR SALE ~ NEW, UPDATED (HIGHER) REVENUE INFORMATION
LOT RENTS ONLY ~ MINIMUM NEW OWNER EXPOSURE ~ VERY LOW OPERATING EXPENSES
OCEAN/GULF FRONT ADULT ORIENTED PARK ~ 52 TOTAL SITES, INCLUDING WATERFRONT SITES ~ Franklin County, (Panhandle) Florida
PRINCIPALS ONLY ~ REDUCED ASKING PRICE $3,300,000
SELLER IS READY TO SELL, RETIRE AND TRAVEL
This Park is Very Unique Including Two (2) Annual Rental Seasons, Ocean Front Sites ~ 250 ft. Fishing Pier ~ Concrete Building Including Office ~ Bath House ~ Rec Room ~ Shop ~ Low Operating Expenses and Great Rental History.
High Demand Location on Major Highway Between Pensacola and Tallahassee.
3.5 Acres (Plus or Minus) ~ Plus Additional Adjoining Land Available for Purchase for Possible Expansion of Park.
City Water & Sewer ~ Low Maintenance Park and Very Economical
Expenses
Great Upside Rental and Income Potential.
DESCRIPTION
ADULT ORIENTED PARK ~ Great History of Repeat Year-Round Rentals ~ Bath House ~ Office and Rec Room ~ On-Site Experienced Management Team, Experienced IT and Maintenance Staff will stay on for new owner.
Upside rental income potential ~ Adult Park ~ All sites have City Water & Sewer.
Opportunity for New Owner to increase income with New Advertising and Improved Marketing and by Increasing Rents. Owner has Scheduled Rent Increases for this Year.
Revenue ~ 2015, 2016, 2017 Actuals and 2018 Estimated Are Available (See Below)
2016 - $417,216
2017 - $439,543
2018 - $149,928 (1st Qtr Actual Revenue)
Cap Rate @ 10% (Net of Operating Expenses)
Please Fill in all the Blue Boxes on the Attached CA Agreement, Sign and Return the Attached CA Agreement to Receive all Updated Financial Information, Photos and Correct Address, or Call Me If You Have Already Sent Us Your CA Agreement.
Warm regards,
Doug Rhudy
561-762-8093
Location
NOTE: The address listed is NOT correct.
Please fill in the BLUE BOXES on the attached C/A Attachment, then sign and return the attached CA Agreement (after disclaimer below) to receive all Financial Information, photos and correct address.
Disclaimer: The information herein and (all files attached) have been obtained from the Seller and other sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Doug E. Rhudy, his Agents, Webster Properties or Wm. Robert Webster Inc., A Real Estate Corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.
