Property details

Duval County Florida Mobile Home Park, Southeast Region

Property Description

Located in an Income Tax Free State!     

Duval County Florida Mobile Home Park

Rare opportunity in the heart of a major Florida MSA.

This is an operating, income producing 25 pad Mobile Home community with 25 rentable Park Owned homes on-site.

Dependable tenants on 12 month leases with deposits.

Current Month Gross Rent (March) was $12,155 with two rent-ready vacancies.

3rd Party Management will stay if desirable.

Community/Public Water System (on-site), municipal sewer.

Seller will hold financing with 50% down payment.






Images

Request property package

Highlights

Status:
Withdrawn
Price:
$895,000
PSF:
$36
Cap Rate:
8.26%
Annual Rent:
$74,000
 

Property Information

Building Size:
25,000 sq.ft.
Property Type:
Mobile Home Parks
Industry Type:
Mobile Home Park
Units/Spaces:
25
Year Built:
1970
Land Area:
2 sq.ft.
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.