REDUCED PARK FOR SALE: Palm Beach County, FL - Family MHP-15 MH's & 3 Houses/Stays 100% Full
FAMILY MOBILE HOME PARK FOR SALE:
Palm Beach County, Florida~~18 spaces~~15-MH sites and 3 Houses
REDUCED ASKING PRICE: $625,000
~~~PRINCIPALS ONLY ~~~ Owner is anxious to sell.
Very Stable Park-Stays 100% Full-High Rental Demand!
Family Park with long-term residents. City Water. Septic systems.
Schools,stores,commercial and residential surround Park. All sites and houses are individually metered by Power Company. Park is on 1.43 plus/minus acres. Sale includes 7 park owned mobile homes, 8-long-term lot rentals and 3 rented houses. Park stays full. Waiting list for any vacancies that might occur. Owner is anxious to sell.
2017 Revenue & Expenses (Estimated)
Rental Income $118,800 (From January 2017 Rent Roll)
Operating Expenses $35,640
Net Operating Income $83,160
Cap Rate 13.3%
PLEASE SIGN & return the C/A agreement below to receive all financial information, pictures and the address of park!
Thank you and have a great day!
Doug and Linda
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 Douglass E. 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 andconditions without further notice.