MOBILE HOME PARK Here is an opportunity to own an investment that right now is producing a great rate of return, and which has the potential for even higher income. There are 35 mobile homes that rent for an average of $475 per month, and there is very little vacancy since the owner usually has a waiting list of tenants wanting to rent there. In addition, Pace water system has a grant to connect all of the homes to sewer at no cost to the owner, which is a $7,000+ per unit benefit, and this work should be completed soon! The property has a great cash flow now, and has potential for future development into apartments or townhouses. Additional property is also available that would bring the total number of potential units to 60. The Pace area is growing by leaps and bounds, and this has great investment potential. If you are an investor who is looking for a great return on your investment, then this is it! There is no for sale sign, showings are by appointment only, and tenants are not to be disturbed. Call today to view! $1,350,000
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
