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3200 US Highway 1
Fort Pierce, FL 34982
Sandhill Shores MHC · Multifamily Property For Sale
·
11,756 SF
PROPERTY FACTS
| No. Units | 376 | Lot Size | 58.22 AC |
| Property Type | Multifamily | Building Size | 11,756 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | C | ||
| Zoning | R-4 | ||
| No. Units | 376 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 58.22 AC |
| Building Size | 11,756 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- Clubhouse
- Fitness Center
- Picnic Area
- Pool
- Pet Play Area
ABOUT 3200 US HIGHWAY 1 , FORT PIERCE, FL 34982
-Potential Trophy Asset on Florida Coast. -Extremely rare opportunity to acquire a gated, high quality 55+ MHC in Florida' s booming coastal seniors market. -Opportunistic deal with approximately 30% MH occupancy and ideal home price points in the $40k to $60k range. -Property was bought out of distress a couple years ago and significant work has been done to the community including upgrades or renovations to the clubhouse/office, amenities, roads, and entrance security gate. -90 MH lots have been upgraded to also accommodate RVs to increase cash flow as the park is filled and to capture RV tenants to eventually become home owners. -Impressive amenity package with a swimming pool, horseshoe pit, library, business center, gym, shuffleboard and card/game room. -Community is on public utilities and may be a strong candidate to add submeters for water/sewer, which is currently included in rent. -Minutes from the beach, Sandhill Shores offers residents convenient access to Fort Pierce' s many waterfront attractions, restaurants and shops. -Palm Beach International Airport is an hour to the south and serviced over 6.3 million passengers in the year that ended 2/29/2016. The Orlando International Airport is less than two hours from Fort Pierce and services over 40 million passengers annually. -Fort Pierce Inlet State Park is minutes from the community and one of the area' s most popular attractions with annual visitation over 200,000. -A wide range of entertainment options are a short drive from the property including multiple golf courses, the Sunrise Theater, the St. Lucie County Aquarium, waterfront parks, dolphin and whale watching, and the Navy Seal Museum. -Fort Pierce is about a two-hour drive to some of Florida' s most popular tourist attractions in Orlando and Miami.
