NEW PARK FOR SALE: Increased Rents! HILLSBOROUGH County, FL- Family MHP - 24 rental sites

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  • SOLD!
  • Price: $775,000


PARK FOR SALE::: Hillsborough County, FL  

ASKING PRICE::: $775,000

Family MHP - Nye MHP - 24 rental sites

Seller Financing Available to Qualified buyer!

PRINCIPALS ONLY - Great Location near Tampa!

New Increased Income~~ Great Upside Potential~~

~~~24 Rental MH Sites, 17 occupied, includes 23 park owned models, 6 ready to remodel.

Family Mobile Home Park with long-term renters. All sites have well water,septic, and individually metered electric and each tenant pays their own electricity.

Opportunity for New Owner to increase income by raising rents, repairing and renting existing MH's now on site and by adding additional MH's. Great upside potential with lots large enough for some Doublewides. Retail stores and commercial areas nearby. High demand location!

3.37 acres plus or minus.

Financial Summary~~Income & Expenses ~ Actual 2016
Annual Income             $130,680 (based on current rents) 
Operating Expenses       $32,670
NOI                                $98,010
           Cap Rate  12.6%

Owner is ready to sell & would consider Seller Financing to a qualified Buyer.

Please sign & return the Confidentiality Agreement Nye_MHP_CA_(Agreement).pdf
to receive financial information, photos & the address.
Email to or fax to 1-561-422-4075.

Thank you and make it 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 and conditions without further notice.

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