Property Details

Property Description

Outstanding Value-Add Investment Opportunity. Currently a 7% cap rate, this 25-lot mobile home park sits on 5.76± acres of land with 16 owned mobile homes. Seven lots are vacant and 2 lots are rented to individuals who own their mobile home. Excellent location just off US Hwy 19 in a peaceful, partially wooded setting. Request OM from broker for financials and pro forma.


PLEASE DO NOT DRIVE THROUGH THE PROPERTY - RESIDENTIAL COMMUNITY. CONTACT BROKER FOR A SHOWING.

Highlights

• Current 7% cap rate with vacancies
• Immediate Value Add Opportunity
• 5.76± Acres with 25 Lots
• Partially wooded peaceful setting
• $1,750,000

Property Map

Additional Info

• Number of Floors: Not specified
• Under Construction: No
• Building Class: Not specified
• RSF: Not specified
• USF: Not specified
• Acres: 5.76

The information above has been obtained from 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.