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13-Sp MHP! Long-Term Seller Financing!!! 1335 Bell Ave

13 Unit Mobile Home Park $1,200,000 ($92,308/Unit) 10.78% Cap Rate Lakeland, FL 33805

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Investment Highlights

TURN-KEY OPERATION
LONG-TERM SELLER FINANCING OFFERED TO QUALIFIED PURCHASER

HIGH CAP RATE PURCHASE

Executive Summary

This well-established MHP offers a turn-key operation producing a significant income and return for the new buyer. At asking price, the cap rate is 11%.
This park include:
• 1.24-Acres MOL
• 13-Spaces & 10 MH Units
• City Water & Septic
• Individual Electric Meters
• Individual Septic Tanks
• All Tenants on Lease-To-Own Leases
• Current Occupancy: 100%
• Current Gross Revenue: $154,788
• Current NOI: $129,414

1335 Bell Ave & Ocala MHP Report

1335 Bell Ave MHP Report

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$1,200,000	Building Class	C
Price Per Unit	$92,308	Lot Size	1.24 AC
Sale Type	Investment	Building Size	10,000 SF
Cap Rate	10.78%	Average Occupancy	100%
No. Units	13	No. Stories	1
Property Type	Multifamily	Year Built	1967
Property Subtype	Manufactured Housing/Mobile Home Multifamily Apartments	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	$1,200,000
Price Per Unit	$92,308
Sale Type	Investment
Cap Rate	10.78%
No. Units	13
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home Multifamily Apartments
Apartment Style	Low Rise
Building Class	C
Lot Size	1.24 AC
Building Size	10,000 SF
Average Occupancy	100%
No. Stories	1
Year Built	1967
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.