Active

$220,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRT3458688
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
I have come across a very promising investment opportunity that I believe will be of interest to you. The property in question is a mobile home park that is situated on a sprawling six-acre tract of pristine wooded land, located just under four miles away from the charming town of Ponce De Leon. The park boasts two fully functional wells that supply water to all twelve units. The cost of operating these wells is kept at a minimum, ensuring that the water supply remains both sustainable and cost-effective for all those who reside within the park. One of the biggest advantages of this property is its prime location. The park is conveniently situated near Ponce De Leon Springs and Vortex Springs, two of the most popular natural attractions in the area. Moreover,.it is just 50 miles north of the world-famous Emerald Coast beaches, providing residents with ample opportunity to soak up the sun and enjoy the surf. Perhaps even more importantly, the park is easily accessible from Interstate I-10, which is just a short five-mile drive away. This means that residents have easy access to all the amenities and attractions that the surrounding area has to offer. As for the mobile homes themselves, they are all owned by the seller and rent for $750 per month. What's more, there is the possibility of an increase in rent, making this investment even more lucrative. Overall, I believe that this mobile home park represents a fantastic investment opportunity that is well worth your consideration.
Financial Considerations
Price:
$220,000
HOA Fee:
N/A
Tax Amount:
$1455.65
Price per SqFt:
$20.05
Tax Legal Description:
COM AT THE SW COR OF SE1/4 OF NW1/4 OF SEC 14 TH N 420 FT FOR POB TH N 418.19 FT TH E 625 FT TH S 418.19 FT TH W 625 FT TO POB OR-217/827 OR- 281/355 OR-299/359 CERT/TI OR 300/838 OR-302/87 WD-OR572/236
Exterior Features
Lot Size:
261368
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Other
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1988
Construction Type:
Other
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1739 RICE LN
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