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1103 NW 1st St 16 Unit Mobile Home Park $561,000 ($35,063/Unit) 9% Cap Rate Jasper, FL 32052



INVESTMENT HIGHLIGHTS
- Turn Key Investment Opportunity
- 9% Cap, 15% Cash on Cash
- Owner Financing
EXECUTIVE SUMMARY
Units:16 Sites, 15 that are Income producing
• 14 lot rents
• 3 rent-to-own homes
• 1 rental
• Manager gets free lot rent for work done at park
Occupancy: %100
Manager on Site
Utilities: City Water, City Sewer (tenants are responsible for all utilities)
Acres: 1.87
Property Type: Multi-Family
Property Sub-Type: Manufactured Housing/Mobile Home
Owner will Carry 70% Financing
Cap Rate: 9%
Estimated Cash on Cash: 15%
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $561,000 | Building Class | C |
| Price Per Unit | $35,063 | Lot Size | 1.87 AC |
| Sale Type | Investment | Building Size | 17,600 SF |
| Cap Rate | 9% | Average Occupancy | 100% |
| Sale Condition | Business Value Included | No. Stories | 1 |
| No. Units | 16 | Year Built/Renovated | 1980/2019 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | Commercial/Residential - Seminole Winds Mobile Home Park LLC zoned as Multi-Family Residential Commercial Manufactured Housing/Mobile Home Park | ||
| Price | $561,000 |
| Price Per Unit | $35,063 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Sale Condition | Business Value Included |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.87 AC |
| Building Size | 17,600 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2019 |
| Opportunity Zone |
Yes |
| Zoning | Commercial/Residential - Seminole Winds Mobile Home Park LLC zoned as Multi-Family Residential Commercial Manufactured Housing/Mobile Home Park |
AMENITIES
SITE AMENITIES
- Property Manager on Site
ABOUT 1103 NW 1ST ST , JASPER, FL 32052
Seminole Winds Mobile Home Park is within the city limits of Jasper, Florida. The park is 5 minutes from 1-75 on 1.87 acres in Hamilton County. All lots are individually metered for electric/water/sewer and paid for by the residents directly to the service providers. The city is responsible for maintenance of water/sewer lines before the meter and the residents are responsible for the lines after the meter. Seminole Winds Mobile Home Park is a safe area, most residents have stayed in the park for 10-20 years. All residents have individual trash containers and pay directly to the city. There is an on-site manager who has managed the park for 15+ years. Tenants deposit rents directly to our account at a local bank.
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $151,642 (2024) | |
| Land Assessment | $55,394 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $96,248 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Presented by
Seminole Winds Mobile Home Park LLC
1103 NW 1st St
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