For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $146
Subdivision Deland
MLS Listing ID O6235944
Bedrooms 26
Year Built 1996
Annual Tax Amount $14,054
Lot Size 4.280 Acres
New Construction false
Property Description
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.
Location
State FL
County Volusia
Community Deland
Zoning MH-1C
Interior
Heating Electric, Gas, Other, Propane
Cooling Central Air, Other
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Private Mailbox
Parking Features Off Street
Utilities Available Electricity Available, Propane, Public, Sewer Available, Water - Multiple Meters, Water Available
Roof Type Other
Building
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with SLOANE REALTY, LLC
Get More Information