Mobile Home Park Details

  • Cap Rate: 12.2%
  • Listing ID: 12577
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

23 HOME & LAND PACKAGES - In Port Orange, near Daytona Beach. Each mobile home, on their own separately deeded lot (avg size 50' x 100'). Lots of room in family community in a high-demand rental area. Virtually 100% continuous occupancy. Desirable school district, close to shopping and beaches. A sure-fire investment during economic down-turn as the housing market turns increasingly to lower-income rentals. Each home has city water and sewer, curbside garbage pick-up and all other city amenities. Excellent history of long-term tenants.

Location

OWNER WILL CONSIDER PARTIAL SALE OF PROPERTIES. $1,345,000.00

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Park Information

Community Type: All Age
Number of MH Lots: 23
Total Occupancy: 0.0 %
Average MH Lot Rent: $720

Park-Owned Homes

Number of Park-owned Homes: 23
Average Rent for Park-owned Homes: $720