Value Add ~ Six Unit Mobile Home Park ~ Choctaw Beach
Multi-Family
for Sale
| Catylist Listing ID: |
30872729 |
| Property Subtypes: |
Mobile Home Park
|
| Number of Units: |
6 Units |
| Building Size (RSF): |
6,000 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.68 Acres
|
| Sale Price: |
$525,000 |
| Unit Price: |
$87,500 Per Unit |
| Property Use Type: |
Investment |
| Building Name: |
Magnolia Court |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/9/2024 |
Overview / Comments
|
Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS. Cal me for additional details.
|
Additional Details
| Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
| County: |
Walton |
| Taxing Authority: |
Walton County |
| Tax ID/APN: |
281S21410100090130 |
| Percent Occupied: |
100% |
| Property Located Between: |
Niceville & Freeport |
| Property Condition: |
Good |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
1,075 |
12,638 |
| Median Age: |
44.32 |
43.53 |
| Households: |
457 |
5,133 |
|
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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.
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