Manufactured Housing Mobile Home Park For Sale • 38,963 SF
| (44-UNIT) MOBILE HOME PARK IN SEFFNER, FL! 14-UNIT GATED MOBILE HOME PARK (LITTLE PEPPER) WITH AN ADDITIONAL 30 UNITS, ALL WITHIN A 3-MILE RADIUS! |
| AMAZING SELLER FINANCING AVAILABLE! EACH OF THE ADDITIONAL 30 UNITS IS SITUATED ON ITS OWN LOT WITH FRONT AND BACK YARD! |
| SELLER FINANCING TERMS: DOWN PAYMENT: $3,300,000 FIXED IR! YEAR 1-2: 5%, YEAR 3: 5.5%, Year 4-5: 6%. INTEREST-ONLY PAYMENTS AND 5 YEAR BALLOON! |
| 10% CAP RATE IN PLACE! 13% CASH-ON-CASH RETURN IN PLACE! 11% CAP RATE IN 2026! 15% CASH-ON-CASH RETURN IN 2026! |
| ALL UNITS HAVE BEEN RENOVATED IN THE LAST 3-5 YEARS! 100% OCCUPIED! EXTREMELY LOW RENTAL RATES IN PLACE, GIVING THE BUYER MASSIVE UPSIDE! |
| SHORT-TERM LEASES IN-PLACE, ALLOWING THE BUYER TO RAISE RENTAL RATES INSTANTLY! CURRENT RENTAL RATES APPROXIMATELY $100-$200 BELOW THE MARKET AVERAGE! |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Tampa International | 29 min | - | 20.6 mi |
| St Pete-Clearwater International | 40 min | - | 29.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 85 |
| Type: | Surface |
| Included in Rent: | Yes |