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 and public sewer.
- Age: 21-30 Years Old
- Amenities: Dock
- Architecture Style: Other
- Building Units: 13
- Legal Description: 29-16-30 S 130 FT MEAS ON OLD ST RD & 585.20 FT ON E/S OF GOVT LOT 4 E OF OLD ST RD & INC TRIANGLE IN GOVT LOT 6 NE OF ST RD BEING N 150 FT ON OLD ST RD TO A POINT AT THE NE CORNER OF GOVT LOT 6 EXC NEW R/W PER OR 5036 PG 3325 PER OR 7202 PG 1101 PER OR 7860 PG 2099 PER OR 7993 PG 2579
- MLSID: O6235616