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Key Details
Sold Price $487,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 728 sqft
Price per Sqft $669
Subdivision Acreage
MLS Listing ID L4930180
Sold Date 01/25/23
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1983
Annual Tax Amount $4,445
Lot Size 2.810 Acres
Acres 2.81
Property Description
Please note income and expenses have been revised as of 12/10/2022. OVER 12% CAP RATE AT 2023 RENTS. 50% down private financing now available. Rent roll and income & expense statement available.12 unit mobile home park with 11 lot rent only tenant owned mobile homes and 1 parked owned mobile home. 11 lot rent only are rented for $500/month and 1 parked owned mobile home rented for $550.00 + $150/mo for equipment parking. Lot Rents are under market value and can be increased in current condition. Tenants mow their own lawns. updated Rent Roll and income and Expense Statements as of December 2022 are attached to listing. it is currently owner managed. 5 day inspection period max. Escrow deposit is 5% minimum and must be paid within 24 hours of accepted offer. No Finance and/or Appraisal Contingencies. Do you due diligence before writing offer. 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 will be given priority. 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 Electric
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Lighting
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Private
Roof Type Metal, Other, Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 2 to less than 5
Sewer Aerobic Septic
Water Well
Structure Type Metal Siding, Other, Vinyl Siding
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Other, Private Financing Available, Special Funding
Listing Terms Cash, Other, Private Financing Available, Special Funding
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with STELLAR NON-MEMBER OFFICE
"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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