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Browse More Listings in Multifamily For Sale, Orlando, FL or Florida

Multifamily Property For Sale

The Palms

1610 S Orange Blossom Trail, Orlando, FL 32805

Price:
$2,950,000
No. Spaces:
96
Price/Space:
$30,729.17
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
3%
Occupancy:
88%
Lot Size:
4.50 AC
Find Out More...

Last Verified 10/23/2009 Listing ID 16190202

Description

Priced for immediate sale! OWNER FINANCING possible with 30% down.

Tremendous upside potential - owner has sacrificed current income to renovate and improve the park and park area. Lucrative cash business. Stable tenant base. All renovated units are rented.

This park has 79 park owned mobile homes renting weekly, metered separately. 96 total lots, 17 vacant. On site management. Excellent redevelopment potential.

Frontage on major central Florida highway with side street access possible.

Map of 1610 S Orange Blossom Trail, Orlando, FL 32805 (Orange County)

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Contact Listing Broker

John Secor (407) 470-3117

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Created 4/13/2009

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - The Palms

1610 S Orange Blossom Trail, Orlando, FL, 32805