NEW PARK FOR SALE ~ MARION COUNTY FLORIDA MH PARK ~ 20 SITES

Price: $1,200,000
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FAMILY MH PARK for SALE ~ Marion County ~ 20 SITES
NEW ASKING PRICE ~ OWNER READY TO SELL ~ MORE HOMES HAVE BEEN ADDED 

PRINCIPALS ONLY ~GREAT LOCATION IN CENTRAL FLORIDA ~ INCREASED REVENUE
BANK FINANCING IS AVAILABLE WITH 30%DOWN 
ASKING PRICE ~ $1,200,000
COMMERCIAL ZONING in PLACE ~ City Water & Sewer Available

PLEASE sign the attached c/a agreement (before the disclaimer) to receive the address & financial information.

Great upside income potential with New Homes Added and Rented. Experienced Part-time Manager. Front portion of property already Commercially Zoned and in good location to re-market part or all of property for Future Commercial Development, Possible Storage Facility or Retail use. Family park with long-term renters. High demand location. All 20 sites have wells, septic tanks and electric meters in place. City Sewer & Water available. New Owner will immediately benefit from increased Rental Income from four (4) homes recently brought into Park. Established High Demand park with regularly inspected wells and septic systems. Popular cities, airport, interstate, stores and commercial areas nearby.

All sites have electric, water & sewer meters in place. Sale includes 20 remodeled park owned homes. Owner is ready to sell, and the Part-Time Manager and Part-Time Maintenance/Lawn Care Man will stay on for New Owner. Bank Financing is available to qualified Buyer.

2016 - 2019 Revenue
Annualized Revenue $170,100 (From Current Rent Roll) 

Cap Rate $10.5%
2018 Revenue $93,117 (From Tax Return)
2017 Revenue $89,742 (From Tax Return)
2016 Revenue $84,927 (From Tax Return)

 

 Marion-County, FL MHP (CA Agreement).pdf

 

Disclaimer: The information and (all files attached) have been obtained from the Seller and 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 E. Rhudy, his Agents, Webster Properties, or Wm. Robert WebsterInc., A Real Estate Corporation.  All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without furthernotice.

 


Contact: Doug Rhudy