Property Type:
Commercial for Sale
Lot Size (sq. ft.):
402,059
Status:
Sold
Current Price:
$395,000
List Date:
8/02/2014
Last Modified:
10/11/2024
Description
What a bargain!! A conservative Scheduled Gross Income of $6,870 per month. According to the owner typical approximate net income is $65,000 per year. 16 mobile homes set up on 1/2 acre lots and rented out for under $25,000 per home. Park includes about 9 acres of land and all 16 mobile homes. Each lot has Power, water, and sewer already installed designed for easy maintenance. Located right off Hwy 90 and very close to shopping, schools, and town. Park has both singlewides and Doublewides. Tenants are already in place--instant profitable business on day one. Current monthly rent on many units could stand to be increased for even more income. Possible 3rd party financing with 1/2 down. Also, seller would consider selling the west half of the park and 8 homes for half the price.
Listing Office: Iron Horse Realty Of Nw Florid
Last Updated: October - 11 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.