Mobile Home Park, Stuart, Florida-New Listing

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Stuart, Florida

Price: $2,400,000 Share on Facebook	91 Total sites, 46 mobile home site rentals pads, 43 RV Site rentals (20 permanent), 5 storage sites on 6.5 acres. Public water and sewer to most sites. Projected income for 2009 is $409,000. NOI projected is $242,300 with a cap rate projected at 9.69%. Owner has assumable existing loan balance of $1,650,000 @ 5.8% Due 10/2014. assumable fee 1%. Please call for additional Financials and information. All Potential buyers must sign a Confidentiality agreement before any additional information can be given out. Disclaimer: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Contact: Bob Webster

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