Multi Family MH Site – Walnut Ave, Okahumpka, FL For Sale

  • $129,900
  • 9 beds
  • 7 baths
  • 2142 sqft

Mobile home package ready to go. This package consists of 3 mobile homes and 1 lot that is currently rented at $200/mth. One unit is vacant but should rent for $600/mth.  One is currently rented at $500/mth but can be increased.  The lot rent should be able to go up to $250/300 mth and the double-wide is currently owner occupied but should rent for $850 a month so estimated cash flow should be a pretty easy $2200-2300 a month.  Even with no increase and just filling the vacant units, you will be at $2100 a month. Also, the seller has previously spoken to the county on the houses and we believe you could possibly split the lots and sell them off individually but that is NOT confirmed.  All units are on their own septic.  The double-wide is on its own lot, the 3 single units share one commercial size well.   When the seller moves out of his unit it will need some minor clean up and paint and some small roof repair where he removed the skylights. The other vacant unit needs to clean up and could use new flooring in some areas.  I would estimate repairs on all to get in good rental condition is $8-10k.

Please DRIVE BY ONLY and we will set up a showing. 

  • Multi-family mobile home site
  • Three rented mobile homes, 1 lot renter, great cash flow
  • .53 acre lot zoned multifamily
  • Current income is $2100, rents are under market value. Can be increased to $2200 range.
  • There are 4 mobile homes on property 3bed/2bath, 2bed/2bath, and two 2bed/1bath and one just paying lot rent
Price:
$129,900
Address:
Walnut Ave
Okahumpka, FL 34762
Square Feet:
2142
Bedrooms:
9
Bathrooms:
7
Terms:
For Sale
Property Type:
Home
Year Built:
1969
Const. Type:
Wood
MLS #:
$220,000+/-

Call (407) 678-0062 for more details

Property Location