5860 150th Ave N
Clearwater, FL 33760
Sun Terrace Mobile Park · Multifamily Property For Sale
·
4,526 SF
Property Facts
| No. Units | 70 | Building Size | 4,526 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | C | Year Built | 1978 |
| Lot Size | 4.75 AC | Parking Ratio | 10/1,000 SF |
| Zoning | R-6, County - Mobile Home Park | ||
| No. Units | 70 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 4.75 AC |
| Building Size | 4,526 SF |
| Average Occupancy | 92% |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 10/1,000 SF |
| Zoning | R-6, County - Mobile Home Park |
Amenities
Site Amenities
- Playground
About 5860 150TH AVE N , CLEARWATER, FL 33760
Clearwater, FL – 70 space MHP Incl 2 Apartments For Sale! Location: 5860 150th Ave N, Clearwater, FL 33760 The Sun Terrace MHP is located just minutes from Clearwater Beach and the Down Town area. This park consists of: 70-space 66 Park Owned Homes 1- 2-unit Apartment Family Park City Water & Sewer (Submetered) 92% Occupied GR = $529K NOI = $317K Property also includes a Laundry Building (not currently used), Office, Recreation Building (not currently being used) and a maintenance building. Rents collected average $602 (Apartments), $253 (Lot Rent), $463 (Single Wide Units), $835 (Double-wide Units). Current rents are well below market. The owner has incorporated a 7% increase in rents for new tenants but has not increased the rents for the long tern tenants. Asking Price: $3,100,000
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 70 | - | - |
Property Taxes
| Parcel Number | 05-30-16-70920-100-0109 | Improvements Assessment | $1,215,109 |
| Land Assessment | $1,884,891 | Total Assessment | $3,100,000 |
Property Taxes
