This Multifamily Property is no longer advertised on LoopNet.com.

495 N Washington Ave
Titusville, FL 32796
Cherrydon Mobile Home Park · Multifamily Property For Sale · 1,620 SF

Investment Highlights

  • 100% occupied and rents are $100+ below market leading to significant growth potential
  • 55+ senior manufactured housing community with strong demand, all tenant-owned homes and long-term tenants
  • Located directly off U.S. 1 and within 3 miles of I-95, the park sits just off the Indian River with views of the Kennedy Space Station Launch Pads.
  • There is a possibility to improve other income by billing back for trash, adding pet fees and other ancillary income.

Property Facts

No. Units 55
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
  • Multifamily Dormitory
Building Class C
Lot Size 5.77 AC
Building Size 1,620 SF
Average Occupancy 100%
No. Stories 1
Year Built 1958
Zoning RMH2, Titusville

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 55 - -

Property Taxes

Property Taxes

Parcel Number
21-35-33-00-00750.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,111,000
  • Listing ID: 24919923

  • Date on Market: 1/26/2022

  • Last Updated:

  • Address: 495 N Washington Ave, Titusville, FL 32796

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