Mobile Home Park Details
- Listing ID: 12672
- Posted On: Jun 2, 2010
- Updated On: Oct 12, 2010
Description
4+ Star park, senior, heated pool/jacuzzi, mini-golf, shuffle board, rec hall, lake and canal views. Tenants mow lawns. 7 lots not renting: 1 office unit, 2 park owned/vacant, 1 home pending title, 3 vacant lots. Beautiful canal and lake views throughout, lush trees. well positioned site for future land implications (water views). Condo candidate! City water and sewer. Nice and clean a gem of a park. Upside: 4.5+/- acres undeveloped, county says 7 units to acre. 4.5 acres candidate for townhouse or mini storage. Lot rents at the low end of the range per industry rent study (county). Meter the park and pass water on...
Location Description:
Central-east Florida between Orlando and Tampa/St. Petersburg. Corner location to major thoroughfare. High growth and development area. Lake and canal views.
Amenities
- Pool
- Club House
Park Information
Community Type: | 55 And Over |
Financial Information
Gross Income: | $871,000 |
Operating Expense: | $261,000 |
Net Operating Income: | $610,000 |
Expense Ratio: | 30.0 % |