This is a combination MH-RV Park offering 100% occupancy with long term, reliable tenants. The park is making a good amount of money, coming in at 11.5% cap rate at asking price. Seller will consider the best offer that comes in.
Park consists of:
• 29-spaces
• 6 Park Owned MH’s
• 6- RV’s
• On-site Laundry (Not in Operation)
• Large Storage Shed
• Well/Septic
• Brand New Septic Tank & Drainfield
Property is 100% occupied and producing:
• Gross Revenue $161,220/an
• NOI - $112,836
Asking Price: $980,000 OBO
Call before visiting the property. Do not contact tenants.
For further information contact Benny Spensieri – 813-391-1545 or benny@CRESCorpLLC.com.