90+/- Mobile Home Community in strong market in Northern Florida Florida

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Property type: Mobile Home Park

Amenities

  • Swimming pool

Description

Mike Fry with MRV Group is proud to announce the sale of Buena Vista Estates Mobile Home Community, a solid B class community with pool and clubhouse. The park has a total of 84 sites comprising of 82 lot rentals, 1 house and a separate lot with office. The park is situated in the heart of Panama City, Florida located in proximity with  Panama City Square, Bay Medical Sacred Heart Hospital and the beaches. It is walking distance to shopping centers and food stores. The park is well landscaped, with many palm trees, natural vegetation and trees. It has wide, two-lane, paved roads, large lots that can accommodate both single and double-wide homes, large community swimming pool with manager’s office, community laundry area and clubhouse.

Buena Vista Estates Mobile Home Community provides an investor with an opportunity to obtain a well-maintained community. The park pays for water, sewer and trash.  An investor could immediately add approximately $50,000 annually in income by charging these expenses to the tenants.

INVESTMENT HIGHLIGHTS

  • Upside potential with water, sewer and trash expenses paid by the park.
  • With up to $50,000 added yearly income by charging tenants for these services.
  • Ideally located in the heart of Panama City in proximity with the city mall, major retail, hospital, universities, the beach and other tourist attractions!

Contact the owner