Categories
MH/RV Parks
About this property
This is an upgrade 76 pad MHP. New water, sewer and electric service through out the park. 24 park owned trailers, 21 pad only rents. There are currently 29 vacant pads ready. This property is priced at a 16% CAP rate based on current actual numbers. Very good upside potential. Price per pad is $15,776. NOI is currently $179,747 Total operating expenses are $85,709.
Property details
- Property Type
- Residential
- Building Type
- Freestanding
- Land Size
- 7.08 acres
- Units
- 76
- Sewer
- City
- Water
- City
- Zoning
- MHP
- Lease Type
- 1050000
Location
- Address
-
450 Stowe Lane
Cocoa, Florida 32926