862 A Chestnut Avenue E, Crestview 32536 (Active)
Listing Information
| Property Type: Commercial Sale |
| MLS #: | 954070 | Price: | $650,000.00 | Year Built: | Not available | Square Feet: | Not available | Bedrooms: | Not available | Bathrooms: | Not available |
| HOA Fees: | Not available | Lot Size: | 1.52 acres | Lot Dimensions: | 300x375 |
Subdivision: Not available
Description:
This mobile home park currently has ten units with space to add an additional two. There is a large space at the front of the park where a single family home used to be. The city has already approved this land for 30 multi-family units up to three stories. 9 units are currently rented, eight of which were in 2022 to include new flooring throughout, roofs, vanities, porches, etc. Each unit has its own individual water meter for bill back which helps drastically with utility bills. The side street is maintained by the city.The property owner also has two mobile home parks in Pensacola that they would sell in a bundle with this one! Each of these parks has a single family home at the front. One park has a huge storage/garage area on site as well. Total of 23 rented units bring
Photos
Features
Not availableCommercial Features
| Mobile Home Park Number of Pads: 12 | |||
| Mobile Home Park Vacancy Rate: 3 | Mobile Home Park Actual Gross Income: 114214.38 | Mobile Home Park Net Operating Income: 83746 | Mobile Home Park Cap Rate: 14 |
| Multi-Family Number of Units: 10 | |||
| Multi-Family Vacancy Rate: 3 | Multi-Family Actual Gross Income: 114214.38 | Multi-Family Net Operating Income: 83746 | Multi-Family Cap Rate: 14 |
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This listing provided courtesy of Emerald Coast Homes.
This information was last updated on 11/21/2024 2:06:27 AM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.
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