825 Cricket Drive
Palm Bay, FL 32907 ·
27 Spaces · Multifamily For Sale
Evergreen Mobile Home Park
|Price||N/A||Property Use Type||Investment|
|No. Spaces||27||Cap Rate||9%|
|Property Sub-type||Mobile Home/RV Community||Lot Size||22 AC|
|Listing ID: 17258497||Date Created: 07/22/2011||Last Updated: 10/28/2011|
MHP with additional lots. Has street frontage from 3 sides. Tremedous growth potential. Located in the heart of Brevard County. Land has significant value. There are 27 pad rentals, all mobile homes are park owned, and several outbuildings including two houses. Some park owned trailers are dated and need some rehab. Primary expense is property taxes. Public water and sewer are available. This is an easy to run park with a great location just minutes to the hospital, restuarants, beach and intercoastal waterway. Approx. one hour to Orlando. Park revenue can easily be increased with hands on operator. Good rental history. Additional revenue possible from outdoor storage.
I95(#173)Palm Bay Malabar RD EAST,LFT@ Charles Blvd,RT@Nogales,LFT@Cricket
- Additional lots adjoining Mobile Home Park included in the purchase
- More mobile home sites cleared with utilities.
- Multiple out building on property
- Potential conversion of property for alternate uses
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