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 |