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Hillside Mobile Home Park 1247 Lpga Blvd 23 Unit Mobile Home Park $1,575,000 ($68,478/Unit) Daytona Beach, FL 32117
Executive Summary
Stabilized/Turn-Key manufactured home community. Infrastructure renovated in 2021 and rents stabilized.
Asking price is $69,565/unit and 8.62% Cap Rate.
Property serviced by city water and on-site septic.
HIGH DEMAND area for affordable housing in a small, quiet community with easy access to World Famous Daytona Beach & I-95.
Asking price is $69,565/unit and 8.62% Cap Rate.
Property serviced by city water and on-site septic.
HIGH DEMAND area for affordable housing in a small, quiet community with easy access to World Famous Daytona Beach & I-95.
Property Facts
| Price | $1,575,000 | Lot Size | 1.62 AC |
| Price Per Unit | $68,478 | Building Size | 8,368 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 23 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 0.36/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | MH1 | ||
| Price | $1,575,000 |
| Price Per Unit | $68,478 |
| Sale Type | Investment |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.62 AC |
| Building Size | 8,368 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 0.36/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MH1 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Ceiling Fans
- Eat-in Kitchen
- Refrigerator
- Tub/Shower
- Yard
- Dining Room
- Lawn
- Patio
- Porch
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 23 | - | - |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4244-01-05-0024 | Improvements Assessment | $145,834 |
| Land Assessment | $550,000 | Total Assessment | $695,834 |
Property Taxes
Parcel Number
4244-01-05-0024
Land Assessment
$550,000
Improvements Assessment
$145,834
Total Assessment
$695,834
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Hillside Mobile Home Park | 1247 Lpga Blvd
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