Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 13.0%
- Listing ID: 873478
- Posted On: Oct 27, 2017
- Updated On: Dec 21, 2017
Description
MOBILE HOME PARK INVESTMENT INCOME PRODUCING PROPERTY! HIGH YIELD WITH OVER 13% CAP .
This property is located on 2 prime acres on us HWY 301, approximately 1 mile north of the Zephyrhills Wal-Mart Supercenter and Publix anchored Zephyr Commons, the town’s main shopping and medical HUB. The property consists of a total of 16 unit rental units. (2 homes, 1 duplex and 12 mobile homes with additional income possibility with an onsite storage unit, plus an offsite well (next lot ) serving 30 independent units and generating an additional $12,000. 00 a year. Metal roof on all the mobile home units. The property has been very well managed with over $60,000.00 in improvement over the last couple of years.
Amenities
- Laundromat
- Storage
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Park Information
Community Type: | All Age |
Number of MH Lots: | 16 |
Average MH Lot Rent: | $680 |
Utility Information
Water: | Well |
Sewer: | Septic |