Don't Have an Account? Sign Up to Save Favorite Listings, Save Searches & More...
ZEPHYRHILLS - MOBILE HOME PARK - ALL 4 UNITS HAVE BEEN RENTED BY THE SAME TENANTS FOR MORE THAN ONE YEAR. LOW TURNOVER AND A VERY STABLE MONTHLY INCOME. UNITS 1, 2, AND 3 ARE ON ONE SINGLE SEPTIC TANK INSTALLED IN THE LAST 12 MONTHS WITH A NEW LEACH FIELD. #4 IS ON ITS OWN SEPTIC TANK AND COULD BE CONNECTED TO THE LARGE TANK IF NEEDED. EACH UNIT IS SEPARATELY METERED FOR WATER AND ELECTRIC. EACH UNIT PAYS $15 MONTH FOR MOWING. EACH UNIT IS ON A MONTH TO MONTH LEASE. EACH UNIT HAS A $600 DEPOSIT IN ESCROW. OWNER PAYS TAXES, INSURANCE, UTILITY LIGHT POLE. THAT IS IT. THIS PARK IS VERY CLEAN AND OWNER HAS A CLOSE RELATIONSHIP WITH EACH TENANT. ALL RENTS ARE PAID ON TIME. ESTIMATED CAP RATE IS 13% WHICH MAKES FOR AN EXCELLENT PURCHASE. 2 Bed/1 Bath occupied $650 552 sqft 1972 mh 2 Bed/1 Bath occupied $660 672 sqft 1982 mh 2 Bed/2 Bath occupied $770 708 sqft 1990 mh 1 Bed/1 Bath occupied $650 640 sqft 1936 frame hm
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS.
Listing information last updated on June 18th, 2019 at 4:45am EDT.