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Mobile RV Park water front with marina

  SOLD December 2020 for $1,500,000

10432 County Road 44, Leesburg, Florida 34788


Building Size8,000 Square Feet
Land Size2.59 Acres
Units16
ZoningC-1
WaterPrivate
SewerSeptic
ElectricCentral
Year Built1951
ConstructionBlock, Other
RoofMetal
RentalsWaterfrot VRBO Rnts
WaterHains Creek on North Chain
CAP Rate10+%
Long T Rentals Long Term Rentals and VRBO
Water ExtrasMarina, 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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