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Multi Family - OCALA, FL
Value-Add Opportunity! The future land use is high-density residential. This mobile home park includes one SFR and 18 mobile homes (heated 552-924sqft), which produce a monthly income. And 3 more pads are vacant and ready to be turned into 3 more income properties. The SFR is currently occupied by the owner, with no income yet. It could be rented out for a higher rent than mobile homes, as its heated square footage is 1,298, which is almost double that of mobile homes (monthly rent is among $550-$1,100). There are 2 bedrooms plus 2 bonus rooms, one serves as an office, and the other serves as a gym with AC and a closet in the garage. You will see a swimming pool, 3 storage units, and some fruit trees in the yard. The owner is very handy; he has plenty of parts, materials, tools, and equipment on the site for his D. I. Y. projects. He installed security cameras and a system to gua...
Value-Add Opportunity! The future land use is high-density residential. This mobile home park includes one SFR and 18 mobile homes (heated 552-924sqft), which produce a monthly income. And 3 more pads are vacant and ready to be turned into 3 more income properties. The SFR is currently occupied by the owner, with no income yet. It could be rented out for a higher rent than mobile homes, as its heated square footage is 1,298, which is almost double that of mobile homes (monthly rent is among $550-$1,100). There are 2 bedrooms plus 2 bonus rooms, one serves as an office, and the other serves as a gym with AC and a closet in the garage. You will see a swimming pool, 3 storage units, and some fruit trees in the yard. The owner is very handy; he has plenty of parts, materials, tools, and equipment on the site for his D. I. Y. projects. He installed security cameras and a system to guard the campus. All the residents in the park use private water from a well; they recently replaced the motor, which could last for many years. A septic system serves the MHP, with 3 drainfield covers that all the units in the park. The owner is liable for the water and trash, while the tenants are liable for electricity and wifi. The location, adjacent to US HWY 27, 301, 441, and SR 25, is very convenient for traveling anywhere. It takes just 7 minutes to drive to Publix and other stores. It attracts renters here. The owner never pays for advertising for new tenants. A sign and several referrals brought the new tenants in. Do you like to be the king or the Mayor of the territory? Come to experience a new role, become the owner of the mobile Home park!
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