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5146 Gold Drive, Marianna, FL 32446 detailed description

Commercial property for sale

  • Description
  • VALUE ADD INVESTMENT OPPORTUNITY! Blue Springs Mobile Home Park is approximately 14.5 Acres, located within minutes of Jackson Blue Springs. All combined, there are 69 Rentable Mobile Home/RV Lots. Current Cap Rate is 8.37% based on asking price. With Occupancy currently around 45% and 28 park-owned homes, this is an excellent Value-Add Opportunity! Based on the demand in the area, there is significant upside potential for an investor to increase the number of units on-site and nearly double the current NOI. Septic Tanks are in place to serve the majority of the park. A D.E.P. Water Well supplies all of the lots on-site. With onsite management in place, this park does not require an investor to be involved with Day-To-Day operations. For further information or to receive an Offering Memorandum, please fill out a Confidentiality Agreement attached to this listing and return to Listing Agent. Building price details: $1,100,000.
  • Property Details
  • Building Name: Blue Springs Mobile Home Park
    Property Type: Multifamily
    Use Types: Special Purpose, Business Opportunity
    Status: Available
    Price: $ 15,942 +/Unit
    Number of Stories: 1
    Year Built: 1989
    MSA: Tallahassee
    Buildings: 28
    Terms: Cash to Seller
    Added: 07/26/2013
    Last Update: 08/07/2013
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 69
  • Contact info
  • Coach Cook: 813-319-6461 [Office]

  • Note

  • Details Info about this row that located on 5146 Gold Drive, Marianna, FL 32446 was got from trusty sources, but Florida Condo Auctions can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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