(23% CASH-ON-CASH RETURN) BLACK DAIRY MHP! 6416 Black Dairy Rd 15 Unit Mobile Home Park $1,500,000 ($100,000/Unit) 8.07% Cap Rate Seffner, FL 33584

THE BLACK DAIRY MOBILE HOME PARK IS A 15-UNIT MOBILE HOME PARK LOCATED ON A 1.9 ACRE LOT IN SEFFNER, FL. SEFFNER IS LOCATED JUST 13 MILES FROM DOWNTOWN TAMPA AND IS ONE OF THE LARGEST RENTAL MARKETS FOR MOBILE HOMES IN THE STATE OF FLORIDA! THE SELLER IS OFFERING AMAZING SELLER FINANCING, WHICH MAKES THIS DEAL EVEN BETTER (SEE P.5 FOR FULL DETAILS).
THE PARK HAS BEEN IN OPERATION FOR OVER 30 YEARS & CONSISTS OF EXTREMELY LONG-TERM TENANTS ON MONTH-TO-MONTH LEASES. THE PROPERTY CONSISTS OF SEVERELY UNDER-MARKET RENTAL RATES FOR THE AREA, MAKING THIS AN INCREDIBLE INVESTMENT OPPORTUNITY FOR THE BUYER.
A BUYER CAN PURCHASE THE PROPERTY USING THE FANTASTIC SELLER FINANCING TERMS, AND IMMEDIATELY RAISE RENTS TO THE MARKET AVERAGE RATE. CURRENTLY THE RENTS ARE APPROXIMATLY $250-$400 PER MONTH BELOW THE MARKET AVERAGE IN THIS RAPIDLY GROWING AREA! THERE IS IMMENSE OPPORTUNITY TO IMPROVE SOME OF THE OLDER UNITS OR EVEN REMOVE THEM AND OFFER TENANTS LOT RENTAL PADS, AND ACHIEVE AN EVEN HIGHER MONTHLY RENTAL RATE.
THE BLACK DAIRY MOBILE HOME PARK HAS AMAZING UPSIDE AND IS ONE OF THE BEST VALUE-ADD ASSETS ON THE MARKET! A BUYER CAN EASILY OBTAIN A CASH-ON-CASH RETURN OF OVER 23% AND A CAP RATE OF OVER 8% IN 2026, & A CASH-ON-CASH RETURN OF OVER 26% AND A CAP RATE OF OVER 9% IN 2027!