5161 Blue Springs RD,
Other "Mobile Home Park"
Lot Type: Rectangular
Year Built: 1989
Price Reduced ! Location, Location, Location! A big investor opportunity to purchase a cash flowing 33 lot Mobile Home Park with possible future expansion to 67 lots. Situated approximately 65 miles west of Tallahassee, the capital of the state of Florida in the city of Marianna, FL. Tenants enjoy being in the heart of the panhandle on 14.5 acres and only 1.5 miles from Jackson Blue Springs recreation area for swimming, fishing and boating. Out of state owner is selling 28 park owned homes with 5 additional tenant owned homes on park owned lots for a total of 33 lots with the growth potential of up to 67 Mobile Home/RV Lots. Currently at this time 28 cash flowing homes and 5 lots are at 100% occupancy. Use your capital to enhance the current park and add additional homes with some infrastructure already in place to double your cash flow. Septic systems, Electric hook ups and a D.E.P. Well are in place. Professional property management overlooks the property. Rents have not been increased in a while. Set up week to week rentals for divers that frequently visit the area for underwater cave diving at Florida Caverns State Park nearby. NDA requested for financials and proof of funds for showings. An opportunity like this only comes around once in a while. So call today ! Proforma 2016: GI $ 146,712, EXP $ 46,912, NI $99,799.
Information is deemed to be correct but not guaranteed.