46 - 116 Blue Gill Loop, DeFuniak Springs, FL 32433 (MLS# 908465)

46 - 116 Blue Gill Loop, DeFuniak Springs, FL 32433

$600,000

Property Type: Commercial for Sale Status: Sold

Current Price: $649,900 List Date: 9/20/2022 Last Modified: 10/13/2024

Description

9 unit mobilehome park that is 100% occupied with all units being updated. This amazing opportunity also has a large block building that could be renovated for an additional rental unit. The way the park sits you will have a 13% cap rate going in with room for increasing some of the rents.

More Information MLS# 908465

None

Current Price: $600,000

Status Change Info

Status: Sold Under Contract Date: 2022-09-27 Sold Date: 2022-10-18 Sold Price: $600,000

Contract Info

GCCMLS Number: 30818073 List Date: 2022-09-16 List Price: $649,900 Listing Board: Emerald Coast

Location Tax and Legal

Area: 23 - North Walton County Street #: 46 - 116 Street Name: Blue Gill Street Suffix: Loop State: FL Zip Code: 32433 County: Walton Parcel ID: 11-3N-19-19700-00C-0070

General Property Info

Listed on GCCMLS: Yes Property Information: 9 unit mobilehome park that is 100% occupied with all units being updated. This amazing opportunity also has a large block building that could be renovated for an additional rental unit. The way the park sits you will have a 13% cap rate going in with room for increasing some of the rents. Vacant: No Immediate Occupancy: No Zoning: multi family

Mobile Home Park

# of Pads: 9 Actual Gross Income: 86880 Net Operating Income: 75585 Cap Rate: 13

Property Features

Class: Mobile/Trailer Park Construction Status: Existing

Listing Office: La Bella Vita Property Group LLC

Last Updated: October - 13 - 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.