4005 W Bobe St
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4005 W Bobe St
1 Unit Mobile Home Park $6,803,856 CAD ($6,803,856 CAD/Unit) 9.17% Cap Rate Pensacola, FL 32505
Investment Highlights
- Situated in a residential area with easy access to major roads.
Executive Summary
Gina May in conjunction with out-of-state cooperating broker MHP Brokerage is pleased to present for sale Deluna Mobile Home Park located just a 10-mile drive away from Pensacola Beach which is home to some of the Gulf Coast’s most pristine beaches, and is a travel destination for people from all over the world.
The well-maintained Florida Panhandle Community is 95% occupied, with a 100% POH mix of 83 homes. The property is situated on city water and septic, and the owner is responsible for paying water and trash, which provides the opportunity to bill back utilities and lower the overall expenses. Day-to-day operations within the community are taken care of by the owner, and there is an on-site office provided for potential management.
This opportunity is perfect for someone in need of a 1031 exchange or looking to deploy capital into a cash-flowing asset. There is no deferred maintenance on any of the Park owned homes, allowing for a significant decrease in repairs compared to other POH run communities.
The well-maintained Florida Panhandle Community is 95% occupied, with a 100% POH mix of 83 homes. The property is situated on city water and septic, and the owner is responsible for paying water and trash, which provides the opportunity to bill back utilities and lower the overall expenses. Day-to-day operations within the community are taken care of by the owner, and there is an on-site office provided for potential management.
This opportunity is perfect for someone in need of a 1031 exchange or looking to deploy capital into a cash-flowing asset. There is no deferred maintenance on any of the Park owned homes, allowing for a significant decrease in repairs compared to other POH run communities.
Property Facts
Price | $6,803,856 CAD | Property Subtype | Manufactured Housing/Mobile Home |
Price Per Unit | $6,803,856 CAD | Lot Size | 13.32 AC |
Sale Type | Investment | Building Size | 55,776 SF |
Cap Rate | 9.17% | Average Occupancy | 100% |
No. Units | 1 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 1974 |
Price | $6,803,856 CAD |
Price Per Unit | $6,803,856 CAD |
Sale Type | Investment |
Cap Rate | 9.17% |
No. Units | 1 |
Property Type | Multifamily |
Property Subtype | Manufactured Housing/Mobile Home |
Lot Size | 13.32 AC |
Building Size | 55,776 SF |
Average Occupancy | 100% |
No. Stories | 1 |
Year Built | 1974 |
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PROPERTY TAXES
Parcel Number | 34-2S-30-0010-004-001 | Improvements Assessment | $1,013,132 CAD |
Land Assessment | $206,211 CAD | Total Assessment | $1,219,343 CAD |
PROPERTY TAXES
Parcel Number
34-2S-30-0010-004-001
Land Assessment
$206,211 CAD
Improvements Assessment
$1,013,132 CAD
Total Assessment
$1,219,343 CAD
zoning
Zoning Code | HDMU |
HDMU |
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Presented by
Gina May Nestande
4005 W Bobe St
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