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 $18,160with value add opportunity up to 14 additional rental units. Current monthly rental income of $18,160. Annual Rental Income $217,920. $13,7742023 Real Estate Taxes. $4,968Insurance Annual expense. $2,160Garbage &Dumpster Annual expense. $6,000Lawn Care Annual expense. Tenants pay their own utilities (electric, water, and propane). Public Water & Public Sewer.
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26BEDS
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4.28ACRES
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0BATHS
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01/2 BATHS
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13,000SQFT
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$162$/SQFT
School Ratings & Info
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 $18,160with value add opportunity up to 14 additional rental units. Current monthly rental income of $18,160. Annual Rental Income $217,920. $13,7742023 Real Estate Taxes. $4,968Insurance Annual expense. $2,160Garbage &Dumpster Annual expense. $6,000Lawn Care Annual expense. Tenants pay their own utilities (electric, water, and propane). Public Water & Public Sewer.
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