Description
Investors - take note! This is a rare opportunity to own a high-cash-flow mobile home park generating $76,600 annually in gross rents, with the potential to increase to $91,000 by adjusting rents to include the owner's residence. Situated on a 0.6-acre lot just off Transmitter Road, this park is conveniently located near thriving businesses. The property includes six mobile homes, all of which are currently leased on month-to-month agreements. Updates include all-new metal roofs installed since 2019, new skirting, and additioal improvements throughout the units, enhancing their durability and appeal. Each unit is metered separately, with tenants responsible for paying their own utilities, reducing operating expenses for the owner. 2024 expenses approx. $11,322; 2024 projected NOI for 5 units is $65,278. When including the owners unit (6 units total) possible NOI is $79,678. With a 10%+ CAP rate, this low-maintenance property is primed for stable cash flow and significant ROI. Opportunities like this are rarecontact us today to secure this proven income generator!
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0BEDS
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0.6ACRES
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0BATHS
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01/2 BATHS
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6,570SQFT
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$106$/SQFT
School Information
Description
Investors - take note! This is a rare opportunity to own a high-cash-flow mobile home park generating $76,600 annually in gross rents, with the potential to increase to $91,000 by adjusting rents to include the owner's residence. Situated on a 0.6-acre lot just off Transmitter Road, this park is conveniently located near thriving businesses. The property includes six mobile homes, all of which are currently leased on month-to-month agreements. Updates include all-new metal roofs installed since 2019, new skirting, and additioal improvements throughout the units, enhancing their durability and appeal. Each unit is metered separately, with tenants responsible for paying their own utilities, reducing operating expenses for the owner. 2024 expenses approx. $11,322; 2024 projected NOI for 5 units is $65,278. When including the owners unit (6 units total) possible NOI is $79,678. With a 10%+ CAP rate, this low-maintenance property is primed for stable cash flow and significant ROI. Opportunities like this are rarecontact us today to secure this proven income generator!
© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2025-12-06T19:03:54.62.
Listing provided courtesy of Keller Williams Success Realty: 850-249-0313. Listing information © 2025 Central Panhandle Association of Realtors MLS.