Mobile Home Park Details

  • Cap Rate: 8.0%
  • Listing ID: 12576
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

Lovely landscaped park with large land parcels for privacy and parking. 16 homes on 2 acres of grounds. Nearly 40,000 square feet of bay bottom at rear of park. Picnic area, close to shopping and only 30 minutes to downtown Key West. 10% CAP rate. Fully rented.

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Park Information

Number of MH Lots: 16
Year Built: 1963
Average MH Lot Rent: $800

Park-Owned Homes

Number of Park-owned Homes: 3
Average Rent for Park-owned Homes: $1,000