Hillsborough Mobile Homes

Multi-Family for Sale
Catylist Listing ID: 29999636
Property Subtypes: Mobile Home Park
Number of Units: 30 Units
Building Size (RSF): 16,303 SF
Gross Building Area: See Agent
Gross Land Area: 2.98 Acres
Sale Price: $2,800,000
Unit Price: $93,333.33 Per Unit
Property Use Type: Investment
Building Name: Hillsborough Mobile Homes
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 7/3/2017

Overview / Comments

Property has 2 entrences for easy of access.

30 unit mobile home community with 2.98 acres of land in Valrico, FL with a prime location. Property is fully leased out. Mobile homes are included with the sale and tenants are leasing the mobiles and are not paying lot rent. Property is zoned Commercial General (CG) and adjoining property is zoned Commercial Intensive (CI). You can operate your own community with great cash flow or you can redevelop. With the adjoining property having CI zoning this property can be rezoned and flexed over to have CI zoning.

Financials

Finance Data Year 2017
Net Operating Income $168,000 (Annual)

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: U-24-29-20-ZZZ-000002-59660.0
Zoning: CG
Percent Occupied: 100%
Property Located Between: Highway 60 in Valrico by the Home Depot Shopping Center.
Number of Stories: 1
Year Built: 1949
Zoning Description: CG
Legal Description: U-24-29-20-ZZZ-000002-59660.0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,939 93,367 192,368
Median Age: 39.68 38.67 37.19
Households: 5,181 34,074 71,776

Contact

Source

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