Historical Multifamily Sale Listing - Waterfront Mobile Home Park - Alafia Riverwoods

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Waterfront Mobile Home Park - Alafia Riverwoods

6521 Riverview Dr, Riverview, FL 33578

N/A

38 Spaces | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Spaces:
38
Property Type:
Multifamily
Property Sub-type:
Mobile Home/RV Community
Property Use Type:
Investment
Cap Rate:
13.45%
Occupancy:
84%
Lot Size:
3.26 SF
Listing ID
16735712
Last Updated
over 1 year ago

Highlights

  • 540 ft of Waterfront
  • Great Occupancy
  • Manager in Place
  • Owner Financing Available ($500K down minimum)

Description

This highly visible, absentee owned waterfront redevelopment or income producing; 38+ unit mobile home / RV park is situated on the Alafia River in Hillsborough county on the N. Side of the river at US-41. Consisting of 3.26+ acres of rental property which is zoned PD-H for MHP/RVP (Planned Development for Housing allowing mobile home/recreational vehicle park) with an underlying land use of Res-6, which allows for conversion to a minimum of 15+ freestanding residences, or continues to allow the existing use; (4.06 Acre property across the river (now Marina) sold for $6.6M in late 2006). This park boasts 540' waterfront navigable frontage on the ALAFIA River w/ Bay Access
under the adjacent bridge, very competent experienced veteran manager prepared to stay on for future owners! This 38 unit park is comprised of 33 Park Owned Mobile Homes (which includes 1 existing vacant space being filled by owner, though currently used as an RV lot rental), 1 lot rental only home, 2 permanent rental cottages, 1 Large Home (managers unit / office), 1 attached apartment, 1 mini-storage building, a laundry facility, and a garage/ extra storage on-site management (upside for owner manager)

Not only situated on a beautiful River w/ Gulf Access, but also convenient
to Gibsonton, Apollo Beach, Sun City Center and just a quick journey to Brandon, Tampa or Plant City via I-75 (one mile S. down US-41 to Gibsonton Drive and then 2 miles E. to Interstate). Just east of US-41 on Riverview Dr.

Map of 6521 Riverview Dr, Riverview, FL 33578 (Hillsborough County)

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