Mobile Home Park Details

  • Cap Rate: 9.1%
  • Listing ID: 12693
  • Posted On: Jun 2, 2010
  • Updated On: Oct 12, 2010

Description

PLEASE DO NOT ALARM TENANTS!!!

Great Investment... A very clean and quiet 5 acre mobile home park with a recently paved road. Located on the west side of town, just north of Blountstown Hwy. off Aenon Church Road. The park is within a few miles of both Tallahassee Community College and Florida State University. All mobile homes are 2 bdrm/1 bth, skirted, have hand rails, and most were built in the 1990's. These units rent very quickly.

22 Park Owned Homes

$725,000

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White�s Mobile Home Park

Profit/Loss Statement 2006

WhiteÂ’s Mobile Home Park

Current Rent Roll

Monthly Security Lot # Rent Deposit

1 $325 $300 2 $400 $250 3 $400 $250 5 $475 $400 6 $350 $350 7 $475 $350 8 $400 $250 9 $495 $350 10 $475 $350 11 $495 $400 12 $400 $200 13 $300 $200 14 $475 $350 15 $400 $250 16 $475 $200 17 $275 $100 18 $495 $400 19 $495 $350 20 $495 $250 21 $475 $350 22 $475 $350

$9,425 $6,550

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Park Information

Number of MH Lots: 22
Year Built: 1990
Size: 5 acre(s)