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405 Hillside Dr
Seffner, FL 33584
THE HILLSIDE MHP (SELLER FINANCING AVAILABLE) · Multifamily Property For Sale · 22,590 SF

Investment Highlights

  • 100% OCCUPIED! (25-UNIT) MOBILE HOME PARK IN TAMPA/ SEFFNER, FL.
  • APPROXIMATE SELLER FINANCING TERMS: • $500,000-$534,000 IN THE FORM OF A DOWN PAYMENT! • 4.5% FIXED INTEREST • INTEREST ONLY • 5-YEAR BALLOON!
  • EXTREMELY LOW RENTAL RATES IN-PLACE, GIVING THE BUYER MASSIVE UPSIDE! SHORT TERM LEASES IN-PLACE, ALLOWING THE BUYER TO RAISE RENTAL RATES INSTANTLY!
  • AMAZING SELLER FINANCING AVAILABLE! (MONTHLY DEBT SERVICE AS LOW AS $6,108)
  • 10% CAP RATE AND 25% CASH-ON-CASH RETURN IN 2021!
  • ALL UNITS HAVE BEEN RENOVATED IN THE LAST 3 YEARS!

Property Facts

No. Units 25
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.47 AC
Building Size 22,590 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1940/2020
Parking Ratio 1.99/1,000 SF
Zoning MH - RESIDENTIAL/ MOBILE HOME

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Carpet
  • Dining Room
  • Framed Mirrors
  • Freezer
  • Pantry
  • Vinyl Flooring
  • Window Coverings

Property Taxes

Property Taxes

Parcel Number
U-02-29-20-ZZZ-000002-31660.0
Land Assessment
$158,103
Improvements Assessment
$55,241
Total Assessment
$213,344
  • Listing ID: 22064056

  • Date on Market: 1/25/2021

  • Last Updated:

  • Address: 405 Hillside Dr, Seffner, FL 33584

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