NORTH CENTRAL FLORIDA

Family Mobile Home Park     SELLER WANTS OFFERS

A 123 site family mobile home park . All park owned units on 33 acres north Florida. On site sewer and water. Approx 62 double wides , 53 units late 80s or 90s rest of units new in last 10 years. Club house, pool and plenty of room for storage.

2009 Income & Expenses-with 25 vacancies    Projected 2010-with 25vacancies 

Approx. gross income $653,821                              Approx. gross income $761,000

Expenses                    $187,294                              Expenses                    $187,294  

NOI approx                 $466,527                              NOI approx                  $573,706

Principals Only

Owner requests no site visits without prior approval from Broker.

Asking Price was $ 4,900,000   

NEW ASKING PRICE $4,500,000                                                          

Seller financing for qualified buyer with 30% down

For more info please fill out CA agreement attached

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.