Scott Chevailer - Coldwell Banker Tony Hubbard
14918 Diagonal Road
HUDSON, FL 34667

Description

Instant income, turn key 2 acre "Sunset Lake" Mobile Home Park with 6 units. Current CAP rate of 10 with only 5 rented, 6th is is undergoing renovation. CAP goes to 12.6 once a tenant is obtained, and over 13.5 with projected 2019 rent and expense increases. Long term tenants, 2 are Sec 8. Realistic potential for growth by adding more mobile units.

Details

MLS#W7804088
Sub-TypeResale
StatusActive
Year1977
Days On Site122

Features

SQ Feet5,764
Units6
Building(s)6
Water FrontYes
Property ViewYes

Market Activity 34667

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Area Information

StateFL
CountyPasco
CityHUDSON
Zip Code34667
Area34667 - Hudson/Bayonet Point/Port Richey
Listing VS Median (in 34667)
Price:
$329,000
low | high
Med:
$164,950
99.863221884498% of Average
SqFt:
5,764
low | high
Med:
2,165
100% of Average
$ / SqFt:
$57
low | high
Med:
$77
15.930486285143% of Average
On Site:
122
low | high
Med:
84.5
100% of Average
Listing Updated: 12/14/2018
MLS Number: W7804088
Listing Provided By:
Brian Pfister  of  RE MAX SUNSET REALTY

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