2395 N WOODLAND BOULEVARD,DELAND,Volusia,Commercial Sale

Descripción

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.