Mobile Home Park

Jackson County, FL

$1,499,000

There are 67 lots approved. The park consists of 14.5 acres+/-. Septic tanks are down for 49 of the 67 lots. At this time the income is 14,685. Currently there are twenty seven rentals and seven lot rentals.

A D.E.P. well feeds all the homes in the park and three residences outside of the park. Water rent is collected from the three residences outside the park. This park has paved roads; however, one road in the park is not fully paved. The well has always passed inspection By D.E.P. At the present time, every tenant is current and up-to-date on their rent and there are no pending evictions. Many of the tenants are law enforcement which is nice. If the park were full, it has the ability to bring in approximately 36,975.00 per month which is $443,700.00 per year. Seller does not have capital to bring in more homes or he would. There is always a waiting list to get in.

Very nice, newer model (single-wide) mobile homes are purchased and installed for around ten thousand dollars each. Two lots have been added to the park with the purchase of a ½ acre lot that is adjacent to the property. This brings the total number of lots at 69.

The main part of the park has underground utilities on one side and over-head on the other. The rental demand in this area is tremendous. Currently applicants are on a waiting list trying to move into the park, we just need more homes.

The property close to a public boat ramp and a public spring. This park is great for swimming and diving. The property is about 5 minutes from LoweÂ’s and Super Wal-mart.

This is the public park