$2,100,000
Description
Mobile Home Park in Deland FL. 27 LOTS total. 13 Existing Park owned mobile Homes & 14 Vacant Lots. Annual Rental Income of $217,920. Fully developed mobile home park on over 4 acres of land. 3.5 Acre Adjoining parcel may also be purchased as a separate transaction. FINANCING OPTIONS AVAILABLE 25% down / 7-9% rate / 5 year term / 25 year amortization Current MONTHLY RENTAL INCOME of $18,160 with value add opportunity up to 14 additional rental units. Current monthly rental income of $18,160. Annual Rental Income $217,920. $13,774 2023 Real Estate Taxes. $4,968 Insurance Annual expense. $2,160 Garbage & Dumpster Annual expense. $6,000 Lawn Care Annual expense. Tenants pay their own utilities (electric, water, and propane). Public Water & Public Sewer.
Listed by Matt White, .
Property Highlights
- Property Type: Multi Family
- MLS #: O6235944
Room Information
| Laundry | Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup |
| Total Baths | 23 |
| Total Beds | 26 |
Property Features
| Appliances | Other |
| Construction Materials | Other |
| Cooling | Central Air, Other |
| Heating | Electric, Other, Propane |
| Interior Features | Other |
| Interior Square Footage | 13,000 |
| Lot Size Acres | 4.28 |
| Lot Size Square Feet | 186,470 |
| Roof | Other |
| Sewer | Public Sewer |
| Water Source | Public |