$1,750,000 New Park For Sale ~ Putnam County, FL ~ MHP ~ 34 Sites (SOLD)

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Multifamily Property for Sale –Principals Only – Waterfront Park

Putnam County Mobile Home Park – Seller Financing

Lot Rents Only – City Water & Sewer – Very LowMaintenance Park

Unique Waterfront Adult Park – Boat Docks, Sunset ViewDeck and Covered Slips with Access to Intracoastal Waterway

Price: $1,750,000

Number of Spaces:34 Rental Sites, 32 Lot Rents Only including a Single Family Home on the Waterand 1 Park Owned Doublewide Home

All sites havemetered Electricity, City Water, Sewer and Natural Gas

IncredibleLakefront Lots with great views. Docks with Rented Boat Slips included.

Great upsidepotential for additional income from: Slip Rentals, Storage and Parking Area,Laundry Income, and potential to increase Lot Rents.

On site coinoperated Laundry.

Beautifullymaintained Park, Lot Rents Only.

MH’s are owned byResidents (Tenants) resulting in low Park Maintenance Requirements.

Property Type:Multifamily

Property UseType: MH Rental – Investment Property

Lot Size: 4.31Acres (Plus or Minus)

Description

ADULT MH Park –Lot Rents Only

Upside rentalincome potential. Adult Park with long-term renters that own and maintain theirown homes and tiny houses. All sites have city water and sewer and individuallymetered electric and water/sewer.

New Owner canincrease income by raising rents and possibly adding Additional MH Sites.

Destinationcities and retail/commercial areas nearby.

Owner is ready tosell, retire and travel, and would consider Seller Financing.

Please fill inall the Blue Boxes on the attached C/A Agreement, sign, initial and return theAttached C/A Agreement to receive financial information, photos and the correctaddress.

Thank you,

Doug Rhudy,Broker

2018 Revenue fromCurrent Rent Roll.

AnnualizedRevenue $180,060

Cap Rate 8.1%


 

Putnam-County, FL Pomona MH Park (CA Agreement).pdf 

 

Disclaimer: The information herein and (all files attached)have been obtained from the Seller and other sources believed reliable. Whilewe do not doubt its accuracy we have not verified it and make no guarantee,warranty or representation about it. It is your responsibility to independentlyconfirm its accuracy and completeness. Any projections, opinions, assumptionsor estimates used are for example only and do not represent the current orfuture performance of the property. The value of this transaction to youdepends 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 thesuitability of the property for your needs. Information contained herein isdeemed reliable, however, is not warranted by Doug E. Rhudy, his Agents,Webster Properties 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.