25 space mobile home park $1,150,000 · 2019. 8. 5. · 25 space mobile home park $1,150,000 25...

Istachatta Mobile Home Park Presented by: 28065 Freewalt St., Brooksville, FL Golf Island Homes LLC. 813-778-2235 golfislandhomes@gmail.com

25 Space Mobile Home Park

$1,150,000

▪ 25 Park owned homes

▪ 4.45 Acres

▪ 2 Additional storage buildings

▪ Onsite income producing laundry

▪ Onsite management

▪ Onsite maintenance

▪ 8.85% Cap Rate

Great investment opportunity! 25 units – 23 / 2 bed room single wide units and 2 double

wide units. Manager resides in one double wide where the office is located and both the

manager and maintenance person receive free rent. Laundry on site with its own electric

and septic. 4 commercial grade coin washers and 2 commercial grade coin dryers.

Maintenance buildings offer parts and landscaping storage.

Quiet setting within walking distance of the Withlacoochee river and its walking and bike

trails. Located within the greater Tampa area for convenient access to local beaches and

Tampa for commuters and the airport.

With onsite management and maintenance this really is a worry-free investment!

Price: $1,150,000 Property Use Type: Investment

Gross Rental Income: $133,104 Net Operating Income: $101,796

Operating Expenses: $31,308 Property Type: Multifamily

Property Sub-Type: Mobile Home/RV Community

Lot Size: 4.45 AC Average Rent: $510

Documents