Mobile Home Park in Deland FL.
27 LOTS total.
13 Existing Park owned mobile Homes & 14 Vacant Lots.
Annual Rental Income of $217,920.
Fully developed mobile home park on over 4 acres of land.
3.5 Acre Adjoining parcel may also be purchased as a separate transaction.
FINANCING OPTIONS AVAILABLE
25% down / 7-9% rate / 5 year term / 25 year amortization
Current MONTHLY RENTAL INCOME of $18,160 with value add opportunity up to 14 additional rental units.
Current monthly rental income of $18,160.
Annual Rental Income $217,920.
$13,774 2023 Real Estate Taxes.
$4,968 Insurance Annual expense.
$2,160 Garbage & Dumpster Annual expense.
$6,000 Lawn Care Annual expense.
Tenants pay their own utilities (electric, water, and propane).
Public Water & Public Sewer.