Catylist ID:
#30871587
| Catylist Listing ID: | 30871587 |
| Property Subtypes: | Mobile Home Park |
| Number of Units: | 7 Units |
| Building Size (RSF): | 7,000 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $475,000 |
| Unit Price: | $67,857.14 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 14.8% |
| Average Occupancy Rate: | 100 |
| Last Updated: | 4/19/2024 |
Overview / Comments
|
Property consists of 6 MH's and 1 Single Family Home. SF address is 615 Bremen Ave. which is adjacent to Park. Covered in GORGEOUS Oak Trees giving the tenants natural shade. Excellent paying tenants. Each property has its own address to it. Storage building on site is full of useful materials but has been boarded up to keep people out. Considerable land at the back of the property that could be used. Gross annual rent is $84,300 and Annual Expenses are $13,834. Annual Net is 70,466. Cap rate is 14.8%! Unit 2413 Rent - $800 Unit 2415 Rent - $900 - HUD property Unit 2417 Rent - $825 Unit 2419 Rent - $1,050 Unit 2421 Rent - $950 Unit 2423 Rent - $1,400 615 Bremen Ave - $1,100 |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | MSTU |
| Tax ID/APN: | 352S311000009071 |
| Zoning: | HDMU |
| Percent Occupied: | 100% |
| Property Located Between: | Gulf Beach Hwy and S. Fairfield Dr. |
| Highway Access: | Gulf Beach Hwy |
| Airports: | Pensacola |
| Site Description: | Total 1 acre includes .87 of an acre directly on Gulf Beach Hwy and adjacent SF lot that is .12 |
| Area Description: | the Gulf Beach Highway area of Pensacola combines the best of waterfront living, outdoor recreation, dining options, and community spirit, making it an appealing destination for residents and visitors alike. |
| Property Condition: | Average |
| Laundry: | In Each Unit |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,765 | 44,096 | 97,599 |
| Median Age: | 32.65 | 33.34 | 35.41 |
| Households: | 2,352 | 15,545 | 35,764 |
Contact
Aileen FountaineXp Realty LLC Southern BranchGulf Coast CMLS Member |
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