"Mobile Home Park in Country Setting For Sale !"
20312 Old Somerset Acres LN Spring Hill, FL
Lot Type: Irregular
Year Built: 1973
Price reduced ! Very cozy, country, family park with 13 park own homes on 2.88 acres. Current owner purchased and is in the final stages of this park rebuild which is reflected in the high cash flowing proforma income numbers and rent increases. Currently 11 are rented with 2 vacancies which should be filled quickly. Expenses are low and park is easy to manage. Park has large septic tank, well water and a possible partial assumable mortgage. Take advantage of these rebuilt mobile home units and high future proforma income. NDA requested for financials with POFs requested for showings. Please do not go to the park without an appointment. See www.markasmithtampabay.com 2016 Net Income annualized at $44,286. Expected 2017 Proforma GI $ 78,240 and NI $53,360. Projected GI Proforma when 100% filled GI $89,940 .
Information is deemed to be correct but not guaranteed.