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4233 Gall Blvd 4233 Gall Blvd 14 Unit Mobile Home Park $1,300,000 ($92,857/Unit) 9.89% Cap Rate Zephyrhills, FL 33542
Investment Highlights
- 71% occupied with 4 vacant lots offering near-term path to full occupancy and increased income.
- 100% park-owned homes — full control over both lot rent and home rent income.
- In-place NOI of ~$128,512 grows to ~$142,291 on a Year 1 Adjusted basis.
- Seller pays market rent for 4 vacant lots during first 3 months of ownership.
- Offered at $1,300,000, or $92,857 per unit on a 14-lot, 9,050 SF community.
- 9.89% in-place cap rate grows to 10.95% Year 1 Adjusted and 11.15% stabilized.
Executive Summary
Kyle Matthews
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $122,525 | |
| Land Assessment | $350,891 | Total Assessment | $473,416 |
Property Taxes
Parcel Numbers
Land Assessment
$350,891
Improvements Assessment
$122,525
Total Assessment
$473,416
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4233 Gall Blvd | 4233 Gall Blvd
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