Auburndale, FL 33823,1131 MCCAMPBELL RD
Auburndale, FL 33823,1131 MCCAMPBELL RD
Auburndale, FL 33823,1131 MCCAMPBELL RD
$750,000
Est. payment /mo
$750,000
Est.Price: ?

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11,464 SqFt
SOLD DATE : 12/30/2022

Key Details

Sold Price $750,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 11,464 sqft

Price per Sqft $65

Subdivision Acreage

MLS Listing ID L4929965

Sold Date 12/30/22

Construction Status No Contingency

HOA Y/N No

Originating Board Stellar MLS

Year Built 1968

Annual Tax Amount $5,417

Lot Size 2.090 Acres

Acres 2.09

Lot Dimensions 115x200

Property Description

Multiple offer Received. Please note income and expenses have been revised as of 9/1/2022. Over 13% CAP RATE AT CURRENT RENTS. 50% down private financing now available. Rent roll and income & expense statement available. 18 units! One 6,000sf commercial warehouse and an 8 unit RV Park and a 9 unit Mobile home park all on one tax ID parcel. Rents are under market value and can be increased in current condition. Commercial Bldg: $1,500/month. (Market rate $2500-$3000+), 1 Billboard $100/mo Market rate is $300. 8 RV's = $4,383/mo, Nine Mobile Homes: $4,450/mo. RV and Mobile home Rents could be raised 5-10% in current condition. Gross Monthly Income: $10,433.32 with room to increase without doing improvements. All except 2 mobile homes are owned by park. One private well located in commercial building supplies water to all. Septic System has been maintained and works well. CASH ONLY or hard money only. 5 day inspection period max. Commercial Building, Septic and Well are available for inspection with accepted offer. The RVs and Mobile Homes are older and no value has been added to the listing price for them. Escrow deposit is 5% minimum and must be paid within 48 hours of accepted offer. No Finance and/or Appraisal Contingencies. Escrow Deposit is non refundable after inspection period. All leases are verbal and on month to month. What you see is what you get. Experienced Mobile Home Park owner/operators offers preferred. Do not disturb tenants. Rare opportunity! Submit your highest and best offer with terms as stated above.

Location

State FL

County Polk

Community Acreage

Interior

Interior Features Ninguno

Heating Central, Electric, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Fireplace false

Exterior

Exterior Feature Lighting

Utilities Available BB/HS Internet Available, Electricity Connected

Roof Type Other

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 2 to less than 5

Sewer Septic Tank

Water Well

Structure Type Metal Frame, Metal Siding, Other

New Construction false

Construction Status No Contingency

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Private Financing Available, Special Funding

Listing Terms Cash, Private Financing Available, Special Funding

Special Listing Condition None

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Stellar MLS
Listed by NUGGET REALTY
Bought with KELLER WILLIAMS ON THE WATER
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"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

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