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Multi-family units that have recently been renovated including tile floors. A 2/1 home and two 1/1 and the duplex is a 2 bedroom on one side and 1 bedroom on the other. Built in 1925 with central heat and air on .43 acres. The pro forma puts this property at 12.8% cap rate.
$1,475,000Size Upon Req.
PRINCIPALS ONLY ~~ FAMILY MHP-41 SITES This 41 rental site Park is well maintained with excellent income, plus great demand for vacant lots. Park has 34 long-term rentals including a rented house, a separate rented two-bedroom apartment and 10 long term lot rentals. Great upside rental potential with two new park models included in sale and 7 nice upgraded lots ready to rent. Park features large lots, paved streets with massive open-park-like green areas. Ideal location near several large lakes. Investor opportunity with high rental demand for large mobile home sites and for nice mobile homes and doublewides. Park is located between Orlando and Tampa. Park is near an airport, in a rural setting, with commercial and industrial areas not far away. Great opportunities to increase income by adding more homes and raising rents. Well maintained community water system and septic systems. Electricity is individually metered. 11.6 plus or minus acres. Sale includes well-maintained Park, home, 2 bedroom apartment, 24 well maintained park owned doublewides and MH' s and a storage lot for parking rental income.
Roofstock is proud to be marketing this single family rental home in Lake Wales. Contact me today to find out about other cash flowing single family rentals! 9.4% Gross Yield
Concrete construction. Unit A leased; Unit B on market to be leased. 2-Unit duplex with separate water AND electric meters for low ownership cost. Clear title, ready to close. Cost Analysis Performed as Rental Property In: Rent - $10,200.00 Out: (Annual) Actual Taxes - $409.00 (Annual) Estimated Insurance - $844.00 (Annual) Property Management (Optional) - $864.00 (Annual) Estimated Utilities/Lawn/Vac - $600.00 Total Costs - $2,717.00 Net: $7,483.00 Earn: Total yearly net equates to - $7,483.00 Total monthly gross equates to - $850.00
Built in 1998. 3 Bed, 1 Bath home. Tenant occupied. In: Rent - $7,200.00 Out: Actual Taxes - $754.00 Estimated Insurance - $877.00 Property management (optional) - $684.00 (Annual) Misc Expenses- $600.00 Total Costs - $2,915.00 Net: $4,285.00 Earn: Total yearly equates to - $4,285.00
$970,000Size Upon Req.
SELLER FINANCING. This park has 56 lots with park owned homes on 39 lots, 4 homes leveled and anchored and are getting ready for inspection on 4 lots, 13 lots ready for homes to be installed. The park was established in 1987, supplied with city water individually metered and tenants pay bills, large central septic system with $43,500 in upgrades in last year, paved streets. Good investment with opportunity to add additional homes and greatly increase the income. Seller financing available to qualified buyer with reasonable down payment and terms negotiable.
Great opportunity to own a turnkey twenty-two (22) unit apartment complex. The asset consists of four (4) income producing properties that collectively consist of: Ten (10) two bedrooms / one bath units. Twelve (12) one bedrooms / one bath units. The property was built in 1970 and the units were REMODELED in 2013. Net income can be significantly increased by selectively investing in capital improvements, reducing operating cost, managing the property and increasing rents. There are twenty-six (26) parking spaces, utilities are separately metered and tenants pay their own utilities.