For Sale $559,000.00
10% CAP RATE—-Available Now! Land leasing mobile home park income opportunity in North Fort Myers. Combined, one 2.6 acre site with a potential of 22 mobile home sites, of which 15 sites are leased in total as of March 1 2018. NOI $55K. To be included in the sale, additional 7 individual lots which permit 1 additional mobile home to the package. Total of 29 leasing sites. Impact fees are paid. Each additional lot needs its own septic tank. City Water and electric available for each site. This is a Value Add Opportunity , not just in additional homes but to make improvements to the surrounding land and its own amenities. Additional lots adjacent to the 7 lots and close by area also available for purchase. Ask listing agent for more details as well as regarding bulk contractor estimate for septic tanks all remaining 14 sites.
Lot Size: 2.50 AC
Property Type: Multifamily
Parcel ID: 34-43-24-02-00018.0030