Karly Lane MHP

Multi-Family for Sale
Catylist Listing ID: 30541485
Property Subtypes: Mobile Home Park
Number of Units: 10 Units
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.16 Acres
Sale Price: $749,000
Unit Price: $74,900 Per Unit
Property Use Type: Investment, Business
Building Name: Karly Lane Mobile Home Park
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/16/2020

Overview / Comments

Income producing Mobile Home Park! Fully occupied - Well established and well maintained AND Owner Financing available! Over $100,000 gross annual income! All ten MH units are included and in very good condition. All units are 3Bd/2Ba (all double wides), except for one new unit which is 2Bd/2Ba (single wide). Please don't disturb tenants. A tour of the property can be arranged upon request.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Okaloosa
Taxing Authority: Okaloosa County
Tax ID/APN: 02-2S-24-0000-0123-0000
Percent Occupied: 100%
Property Located Between: Central Fort Walton Beach location
Highway Access: .8 mile to Beal Parkway (SR 189). .6 mile to Racetrack Road.
Site Description: 1.16 acre level rectangular site; 200' x 250'.
Total Number of Buildings: 10
Property Condition: Good
Construction/Siding: Modular
Exterior Description: Typical mobile home construction - 9 double-wide, 1 single-wide
Parking Type: Surface
Parking Description: Multiple parking spaces available per unit
Zoning Description: Mixed Use
Lot Frontage: 200'
Lot Depth: 250'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: COM SW COR S1/2 OF NW1/4 OF NE1/4 OF SW1/4 E 345 FT N 100 FT TO POB N 100 FT E 313.22FT S 100FT W 313.59FTTO POB EXC W 15FT AND COM SW COR S1/2 OF NW1/4 OF NE1/4 SW1/4 E 345 FT TO POB N 100 FT E 313.59FT S 100 FT W 313.95FT TO POB EXC W 15FT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,146 57,880 67,172
Median Age: 36.68 39.1 38.62
Households: 7,970 24,946 28,308


Photograph of Listing Agent

Gregory Smith

Seahorse Realty Gulf Coast CMLS Member
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