NEW PARK FOR SALE: Polk County, FL- Family Mobile Home/RV Park - 28 sites

SOLD!
Price: $615,000
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NEW PARK FOR SALE: GREAT LOCATION!!!       

POLK COUNTY, FLORIDA~~~

Family MH & RV PARK~~~28-sites, 23- MH's-(19 rented) & 5-RV's-(4 rented) 

PRINCIPALS ONLY

 

Asking Price was~~~$690,000 ~~~ NEW REDUCED PRICE $615,000        

Seller is Offering OWNER financing to qualified Buyers with 35% down!

 

This well maintained Park is 78%occupied. Great opportunity to increase income by raising rents and by putting the 4 additional Park Models (now on site) into the rental pool.

Older Park but well established with a waiting list ready to move in. 

There are 4 additional mobile homes on site which will soon be remodeled and rented, plus 1 additional vacant RV site that is available to lease! 

Note: The Proposed income for these units and the vacant RV site, is not included in income pro-forma.

Great Investor opportunity! Park is located near a main thoroughfare with commercial and industrial property nearby. 

Management is in place, will stay on with new Owner and lives in park model on site. Park has long-term tenants with the opportunity to raise rents. 

This park is on 2.07 plus /- acres. Well & septic. Electricity is individually metered on all sites (except 2). 

Sale includes 21 park owned mobile homes-18 have been remodeled, 4 are on site and ready to be remodeled, and 4 park owned RV's.

Park has a storage Mobile Home unit for appliances and repairs. There is an on-site laundry for residents.

2014 Pro-forma
Income         $121,920
Expenses      $ 27,900
NOI              $ 94,020
Cap Rate            15.3%

Please SIGN the C/A Confidentiality Agreement to receive the address & all financial information on this MH/RV Park.

Disclaimer: The information and (all files attached) have 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. Information contained herein is deemed reliable, however, is not warranted by Doug Rhudy, his Agents or Wm. Robert Webster Inc., A Real Estate Corporation.  All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.