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

Contract Info

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

Location, Tax and Legal

Sub Area: 2310 - DeFuniak Springs N. Property Name: Blue Gill Properties Legal Description: LOT 3,4,5,6,7,8 BLK C JUNIPER HILLS UNIT 1 PB 4-42 OR 415-75 OR 415-79 OR 3017-545 OR 3069-3713

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

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: 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.

Class

Mobile/Trailer Park: 1

Construction Status

Existing: 1

Mobile Home Park

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

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

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

Property Features

Class: Mobile/Trailer Park Construction Status: Existing