10-+9% CAP RATE… 15% ROI! Mobile home park—SOLD

$5,975,000
  • 120
  • 24,491 SF
  • $49,791.67
  • Multifamily
  • Mobile Home/ RV Community
  • Investment
  • 9.55%
  • 6.70
  • 1986
  • 14.20 AC
  • At full occupancy, this desirable investment can hold up to 108 secured RV hook-ups and 12 additional storage/parking spaces, a stylish duplex, a mobile home rental and a fully enclosed warehouse. The RV rental spaces are allowed to be long term or permanent due to the original development permitted before code limitations were imposed on RV parks. This RV project is located on a sprawling 14.2 acres.
    This tree studded park offers the complete vacation experience including a pool, clubhouse, game room, mini-mart, laundry, video rentals, mailboxes and a lending library. The spaces also include large, full hook up back-in and pull through sites, concrete or asphalt pads, sewer, water, 30/50 APM electricity, and WI-FI.

    We also offer full management services with Apogee New Dawn.

    Full service construction can be done with USA Lending & Realty

    The expenses, taxes and NOI will be delivered to the investor once PROOF OF FUNDS AND THE non-disclosure-agreement is signed and sent via fax (305) 967-7208 or e-mail ur-cousin@usalendingandrealty.com Only cash buyers.

    For more information, contact UR-COUSIN Emile Fara at 305-754-1000 or send an e-mail to farah@farahreacquistions.com

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    +9% CAP RATE… 15% ROI! Mobile home park

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    Thursday, May 12th, 2011 national residential multifamily
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    USA LENDING AND REALTY © 2010 All Rights Reserved. A FARAH GROUP COMPANY. Admin.
    U.S.A. LENDING & REALTY, INC. IS A FLORIDA LICENSED REAL ESTATE BROKERAGE BUSINESS.