NEW PARK FOR SALE in Auburndale, FLorida

Price: $900,000
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Property Description

154 space family park 53% occupied current lot rent $260.00. 19 park rentals and 64 lot rentals. Public water and sewer metered redone 7 years ago. No owner financing. CASH ONLY. Park is in need of proper management and updating. A real diamond in the rough.
Please do not talk to anyone at the park. Must have Agent's approval to go to the park first.

19 empty trailers and 46 empty lot sites and 4 units that needs replacing. This park is ideal for current park owner who knows how to upgrade and fill a park!

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. Information contained herein is deemed reliable, however, is not warranted by Bob Webster 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.

Please sign c/a agreement to get all information on this mobile home park.

Financial Information (Actual)
Gross Income$196,815
Operating Expense$119,630
Net Operating Income$77,182
Cap Rate 8.57%