$2,100,000
Description
Mobile Home Park in Deland FL. 27 LOTS total. 13 Existing Park owned mobile Homes & 14 Vacant Lots. Annual Rental Income of $217,920. Fully developed mobile home park on over 4 acres of land. 3.5 Acre Adjoining parcel may also be purchased as a separate transaction. FINANCING OPTIONS AVAILABLE 25% down / 7-9% rate / 5 year term / 25 year amortization Current MONTHLY RENTAL INCOME of $18,160 with value add opportunity up to 14 additional rental units. Current monthly rental income of $18,160. Annual Rental Income $217,920. $13,774 2023 Real Estate Taxes. $4,968 Insurance Annual expense. $2,160 Garbage & Dumpster Annual expense. $6,000 Lawn Care Annual expense. Tenants pay their own utilities (electric, water, and propane). Public water and public sewer.
Listed by Matt White, .
Property Highlights
- Acres: 4.28
- County: Volusia
- Year Built: 1996
- Cooling Type: Central Air, Other
- Property Type: Commercial, Multi Family
- MLS #: O6235616
Property Features
| Construction Materials | Other |
| Cooling | Central Air, Other |
| Lot Size Acres | 4.28 |
| Lot Size Square Feet | 186,470 |