Building Size | 8,000 Square Feet |
Land Size | 2.59 Acres |
Units | 16 |
Zoning | C-1 |
Water | Private |
Sewer | Septic |
Electric | Central |
Year Built | 1951 |
Construction | Block, Other |
Roof | Metal |
Rentals | Waterfrot VRBO Rnts |
Water | Hains Creek on North Chain |
CAP Rate | 10+% |
Long T Rentals | Long Term Rentals and VRBO |
Water Extras | Marina, Dock |
This park had both long term rentals & waterfront VRBO rentals. Park has 11 rentals in the front of the park, owners residents in the middle, there are two apartment units ajoining, and across the back fronting the marina there is two VRBO rentals waterfront. Marina can hold 10 boats easily. Great steady income and getting better as the VRBO rentals increase. Owners home has new kitchen and bathrooms, well-appointed. The waterway is spectacular, live here and run a successful business to any level you want. Over the past 10 years, the current owner has put new services to each lot and paved all roads. New roof on the main building. All major infrastructure improvements have been done. Landscaping is mature and plentiful. This investment is currently selling at a 10+% cap rate. Rent owners home, increase VRBO rentals and the income forecast is over $180,000 gross. The owner has a Tiny house business income plan and comes with Park purchase ($200,000. sale price) see attachments
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.
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