Size Upon Req.$2,950,000
Sonrise RV Resort is a combination of 2 RV resort parks offering a great mix of RV sites and park model sites. The park features 171 sites plus 16 overflow lots with full hook-ups and 15 new state-of-the-art park model homes, as well as two offices and two pools and a clubhouse. Notice to New Clients: Due to the high level of Emails received, we will not respond to inquires for financials and preliminary diligence items. We kindly request all new clients to contact us directly, introduce yourself, and explain your purchasing criteria and financial capabilities. Thank you for your help and we look forward to assisting you with your investment needs.
Annie and David Pearl, KW Commercial have been granted by the seller the exclusive right to sell Clearlake Pines Apartments. Clearlake Pines is a 120 unit multifamily property located in Cocoa, Brevard County, FL. The property consists of 16 single-story buildings on 9.98 acres. Unit Mix consists of 101 1BD/1BA units 576 S.F. +/- , 12 2BD/1BA Units 864 S.F. +/-, and 7 2BD/2BA Units 864 S.F. +/-. The property was built in 1984 by "Cardinal" and is all wood construction. Units are individually metered for electric and master metered for water. Every unit has PTAC air conditioning units and washer/dryer connections in the units. Every unit has a fenced front porch area. A unit has been converted into a leasing office. Value-Add Opportunity: This is a bank owned asset. The property is currently 70% +/- occupied. Most of the vacancy is currently in the twenty nine (29) +/- "Down Units". Once these units are rehabbed and rented, attractive returns can be achieved. Management has indicated that there is a strong demand for these units and can be rented once they are available to lease. Additionally, management has identified 5 roofs that are in need of immediate replacement.