This Multifamily Property is Off-Market.

425 Longfellow Blvd
Lakeland, FL 33801 ·

36 Spaces · Multifamily For Sale

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Stengel Rental Properties LLC

Price N/A Property Use Type Investment
No. Spaces 36 Cap Rate 10.83%
Property Type Multifamily Occupancy 95%
Property Sub-type Mobile Home/RV Community Lot Size 5 AC
Listing ID: 16473381 Date Created: 11/16/2009 Last Updated: 08/08/2011

Description

Multiple Properties: 16 space Mobile Home Property, Lake Front Near Southestern University.
Another, 16 Space Mobile Home Property in booming North Lakeland Area. and 4 space Mobile Home Property. All locations in very high rental areas.
Own the land and the homes. Income from all 3 properties $18,555.00
monthly.

All three properties located in Lakeland, Florida. Windy Beach MHP has 6 mobile homes that are 4 years of age...All other units in this property have been rehabed in the past 4 years and property is Lake Front. Property also has a small cottage to be finished, Plumbing and electrical already in place.

Highlights

  • Assumable Loan of $ 460,000.00 at 3% interest

Research

425 Longfellow Blvd, Lakeland, FL 33801 (Polk County)

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