Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 932885
- Posted On: May 30, 2018
- Updated On: Oct 8, 2018
Description
Kissimmee, FL - Pine Lake MH/RV Park & RV/Boat Storage For Sale!
CRES Corp International is offering for sale the Pine Lake MH/RV park for sale. This property is located just 15 minutes from Disney World, Celebration and Old Town and offers a great return, with a no- headache operation and significant upside!
Location: 4845 Orange Blossom Trail, Kissimmee, FL 34758
• Gross Revenue: $168,300/an
• NOI $130,413/an
Owners have kept some of the tenant rents below market (see attached Rent Roll). New owner will be able to raise these rents.
Park consist of:
• 7.5 acres
• 18-spaces
• 1-home
• 50-space Fenced RV/Boat Storage
• Well & Septic
MH/RV Park Expansion: Zoning allows 8.5-spaces/acre. County will permit expansion with inclusion of City water and sewer hookup and road widening on property.
Note: Owner and Agent recommend consulting with the property zoning officials regarding any expansions or conversion plans for this property.
Asking Price: $1,300,000
Call Listing Agent before visiting the property. Do not disturb tenants!
POF’s must accompany offers.
Amenities
- Storage
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 18 |
| Total Occupancy: | 100.0 % |
| Year Built: | 1972 |
| Average MH Lot Rent: | $800 |
| Size: | 8 acre(s) |
Lot Information
| Singlewide Lots: | 16 |
| Doublewide Lots: | 2 |
Utility Information
| Water: | Well |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 19 |
| Average Rent for Park-owned Homes: | $800 |
