45K a unit on 2 Acres... 15 unit mobile home park

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30860795
Property Subtypes: Mobile Home Park
Status: Pending/Contingent
Number of Units: 15 Units
Building Size (RSF): 12,000 SF
Gross Land Area: 2 Acres
Sale Price: $689,000
Unit Price: $45,933.33 Per Unit
Property Use Type: Investment
Usable Size (USF): 12,000 SF
Sale Terms: Cash to Seller
Cap Rate: 15.6%
Average Occupancy Rate: 90
Last Updated: 12/6/2023

Overview / Comments

Sitting on 2 acre parcel, all 15 Mobile Homes and Laundry Center for sale, AS-IS. Monthly Rent Roll just shy of 10K a month. Previous sale was for way more than 100K. Contact Broker for details.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: ESCAMBIA COUNTY
Tax ID/APN: 171S303000000032
Percent Occupied: 90%
Property Located Between: Olive Rd and Kipling St.
Highway Access: 1 minute to I-10 EXIT 13
Airports: Pensacola International Airport
Site Description: 2 Acres with 15 Mobile Homes
Area Description: Amazing location, units constantly and always in demand! Convenient to Olive Rd and N Davis Hwy. Only a minute drive to West Florida Hospital and 5 minute drive to University of West Florida, Baptist Hospital and Pensacola International Airport.
Total Number of Buildings: 15
Property Condition: Fair
Construction/Siding: Aluminum Siding
Laundry: Laundromat Nearby
Zoning Description: Best zoning classifcation... High Density Multi-Unit.
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned
Legal Description: LT 32 OAKHURST S/D PB 2 P 90 OR 8030 P 342 OR 8365 P 1671 LESS E 162 FT OF N 133 FT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,276 67,312 131,734
Median Age: 39.64 36.97 38.02
Households: 4,653 27,756 52,813


Photograph of Listing Agent

Lee Wood

Blue Anchor Realty, LLC Gulf Coast CMLS Member
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