Description
Stabilized/Turn-Key manufactured home community. Infrastructure renovated in 2021 and rents stabilized.Asking price is $71,740/unit and 6.57% Cap Rate.Property serviced by city water and on-site septic. HIGH DEMAND area for affordable housing in a small, quiet community with easy access to World Famous Daytona Beach & I-95.Property includes 20 manufactured home pad rentals (1 park-owned home) and 3 single family home rentals (1 home fully renovated 2022). 3 Single Family Homes, 12 Tenant Owned Manufactured Homes, 7 Tenant Owned RV Homes, 1 Park Owned Manufactured Home. Local property management currently in place. All tenants are current on rent.
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0BEDS
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1.62ACRES
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0BATHS
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01/2 BATHS
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1,148SQFT
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$1,437$/SQFT
School Ratings & Info
Description
Stabilized/Turn-Key manufactured home community. Infrastructure renovated in 2021 and rents stabilized.Asking price is $71,740/unit and 6.57% Cap Rate.Property serviced by city water and on-site septic. HIGH DEMAND area for affordable housing in a small, quiet community with easy access to World Famous Daytona Beach & I-95.Property includes 20 manufactured home pad rentals (1 park-owned home) and 3 single family home rentals (1 home fully renovated 2022). 3 Single Family Homes, 12 Tenant Owned Manufactured Homes, 7 Tenant Owned RV Homes, 1 Park Owned Manufactured Home. Local property management currently in place. All tenants are current on rent.
© 2023 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cook Group Luxury Real Estate | Realty Pros Assured. Data last updated: 2023-10-01T00:29:27.247.