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7739 E Watson St - Watson Mobile Home Park

12 Unit Apartment Building Offered at $872,586 CAD at a 7.50% Cap Rate in Inverness, FL 34450

Investment Highlights

  • Located close to the Inverness Executive Airport.
  • Close to US Hwy 41 S
  • Growth potential of the area is very high

Executive Summary

This park has 12 residences and a single family home. htere is 1 well, approximately 1.83 acres. All mobiles have septic. All mobiles are occupied. No leases in Place. Owner is offering finance for qualified buyer.

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $872,586 CAD
Price Per Unit $72,716 CAD
Sale Type Investment
Cap Rate 7.50%
No. Units 12
Property Type Multifamily
Building Size 40,000 SF
Average Occupancy 100%
No. Stories 1
Year Built 1982
  • Listing ID: 34245131

  • Date on Market: 2024-12-19

  • Last Updated:

  • Address: 7739 E Watson St, Inverness, FL 34450

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