2395 N WOODLAND BLVD Pending

Deland,FL 32720

$ 2100000

- Bed

0 Bath

13000 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 13,000 sqft

Price per Sqft $161

MLS Listing ID O6235616

HOA Y/N No

Originating Board Stellar MLS

Year Built 1996

Annual Tax Amount $14,054

Lot Size 4.280 Acres

Acres 4.28

Property Description

Under contract-accepting backup offers. Mobile Home Park in Deland FL.
27 LOTS total.
13 Existing Park owned mobile Homes & 14 Vacant Lots.
Annual Rental Income of $217,920.

Fully developed mobile home park on over 4 acres of land.

3.5 Acre Adjoining parcel may also be purchased as a separate transaction.

FINANCING OPTIONS AVAILABLE
25% down  /  7-9%  rate  /  5 year term  /  25 year amortization


Current MONTHLY RENTAL INCOME of $18,160 with value add opportunity up to 14 additional rental units.
Current monthly rental income of $18,160.
Annual Rental Income $217,920.

$13,774 2023 Real Estate Taxes.
 $4,968 Insurance Annual expense.
 $2,160 Garbage & Dumpster Annual expense.
 $6,000 Lawn Care Annual expense.

Tenants pay their own utilities (electric, water, and propane). Public water and public sewer.

Location

State FL

County Volusia

Zoning MH-1C

Interior

Cooling Central Air,Other

Building

Story 1

Foundation Other

Lot Size Range 2 to less than 5

Structure Type Other

New Construction false

Others

Ownership Corporation

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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