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13 UNITS MOBILE HOMES PARK

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Summary

  • myhouseflorida
  • TypeINVESTMENT
  • City ZEPHYRHILLS
  • Status Sale

    Condition

  • Bedrooms : 13
  • Bathrooms : 13
  • Garages :
  • Price : $ 0
  • Area : 4,092 SQFT

Amenities

garden
Parking

Description

Property Details

Here is a solid income producing property consisting of a mix of 13 mobile homes and RV’s, 11 of which are currently tenant occupied by long-term tenants. It also has a mechanics garage with two lifts that are rented for $1500 per month. Over the past year the property has averaged $7460 per month in rental income. With some updating and the right management in place, the pro forma yield would be well over 20%. The property is zoned C-3 and is on city water and septic which have been maintained regularly. Some of the titles are retired to the park but all units will convey with the sale. The property is in a quiet, private location, and backs up to a golf course. New pavement along with security cameras have recently been added. There are two additional vacant lots that may allow this to be a 15 unit park. The current owner covers electric and water. Don’t miss out on this great cash flowing investment. Contact your EquityPro Advisor today.

Location

StreetView

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