Catylist ID:
#30871588
| Catylist Listing ID: | 30871588 |
| Property Subtypes: | Mobile Home Park |
| Number of Units: | 11 Units |
| Building Size (RSF): | 7,800 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $499,000 |
| Unit Price: | $45,363.64 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 12.4% |
| Average Occupancy Rate: | 100 |
| Last Updated: | 4/22/2024 |
Overview / Comments
|
Clean and quiet MH Park. Long standing excellent tenants. Property includes a single family residential house and separate tax id 5837 Muldoon Rd. New surveys recently done. Most the leases renew June 1 and Gross rental income is $82,200 and Annual Expenses are $20,315. Net is $61,885. Additional income opportunity with Lot G at $550 and House rent can go to $950 (or more with renovations) so $7,800 in annual rent income that can be gained by new owner putting this investment at a 14% cap! 10 Lots and 1 SF home: Lot A - $450 - Lot rent - Tenant owned Lot B - $775 - Park Owned Lot C - $550 - Lot rent - Investor owned Lot D - $775 - Park Owned Lot E - $925 - Park Owned Lot F - $550 - Investor Owned Lot G - Empty - New electric meter, needs septic tank, permit in hand Lot H - $450 - Lot rent - Tenant owned Lot I - $750 - Park Owned Log J - $775 - Park Owned House - $850 - Park Owned - New metal roof 2022 |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | Escambia County |
| Tax ID/APN: | 012S314301005010 |
| Zoning: | HDMU |
| Percent Occupied: | 100% |
| Property Located Between: | Sierra Dr. and Muldoon Rd. |
| Highway Access: | Property sits in between Blue Angel and Mobile Hwy. |
| Airports: | Pensacola |
| Site Description: | 1.68 acres total. |
| Area Description: | This is considered the Bellview area of Pensacola. Bellview offers a mix of natural beauty, affordability, convenience, and community spirit, making it an attractive place to live for many people. |
| Property Condition: | Average |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,363 | 48,745 | 132,840 |
| Median Age: | 38.23 | 38.04 | 36.69 |
| Households: | 2,032 | 18,987 | 50,195 |
Contact
Aileen FountaineXp Realty LLC Southern BranchGulf Coast CMLS Member |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions. |
