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Key Details
Sold Price $490,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,598 sqft
Price per Sqft $46
Subdivision Acreage
MLS Listing ID L4929944
Sold Date 01/04/23
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1968
Annual Tax Amount $3,661
Lot Size 2.460 Acres
Acres 2.46
Lot Dimensions 82.5x200
Property Description
Please note income and expenses have been revised as of 9/1/2022. Over 15% CAP RATE AT CURRENT RENTS. 50% down private financing now available. Rent roll and income & expense statement available. 11 unit mobile home park with 7 single wides and 4 double wides. Rents are under market value and can be increased in current condition. The Mobile Homes are older but always rent fast. Tenants mow their own lawns. it is currently owner managed. Water supply main was recently upgraded for good water pressure. Five septic systems serve clusters of homes and work fine. Park provides county water. it is currently owner managed. 5 day inspection period max. Escrow deposit is 5% minimum and must be paid within 24 hours of accepted offer. No Finance and/or Appraisal Contingencies. Do you due diligence before writing offer. Escrow Deposit is non refundable after inspection period. All leases are verbal and on month to month. What you see is what you get. Experienced Mobile Home Park owner/operators offers will be given priority. Do not disturb tenants. Rare opportunity! Submit your highest and best offer with terms as stated above.
Location
State FL
County Polk
Community Acreage
Zoning R-3
Interior
Interior Features Ninguno
Heating Central, Electric, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Lighting
Parking Features Assigned
Utilities Available BB/HS Internet Available, Electricity Connected, Public
Roof Type Metal, Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 2 to less than 5
Sewer Septic Tank
Water Public
Structure Type Wood Frame
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Other, Private Financing Available, Special Funding
Listing Terms Cash, Other, Private Financing Available, Special Funding
Special Listing Condition None
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Bought with NUGGET REALTY