Properties for Sale

# 701 - Tampa Area, United States

Basic Details
Property Type : Mobile Home Community
Ref ID : # 701
Owner Occupied : 42
Price : $2,700,000
Number of Vacant Lots : 4
Rentals : 18
Listing Type : For Sale
Number of Vacant Units : 4
Address Map
Country : US
City : Tampa Area
Property Description

Community Information
Total Acres:
Unused Acres: 0
Traditional Occupancy Rate: 95%
Is Manager Onsite: Yes
Number of Entrances to Park: 1
Average Lot Size: Large lot sizes, mostly singles in the park there are some doubles

Rental Information
Owner Occupied Rent: $345-$420
Rental Unit Rent: $$500-$725
Collection Rate: 95%
Last Rent Increase: January 2015, Next is January 2018
For How Much: $25, going up $25 Jan. ’18

Utilities & Infrastructure Information
Type of Water: Well
Individual Meters: –
Type of Sewer: Treatment Plant
Individual Meters: –
If So Who Reads and Bills: –
Who Owns the Lines: Park
Type of Roads: Asphalt
Who Maintains Roads: Park
On/Off Street Parking: On And Off
Electric Provider: Duke
Amp Service: 100-200
Natural/Propane Gas: Natural

Amenities & Pride of Ownership Info
Average Age of Homes: 25Years
Group Mailboxes: Yes
Club House: Yes
Play Ground: Park area
Laundry: Yes
Mature Trees: Yes
Basketball Courts: No
Park Rating: B

Makeup of Area
Where Tenants Work: Senior Park
Largest Employer:
Population: City- $31,000, County 465,000
Comments: 55 and older community. Strong demographics with great traffic count in front of park. There is an RV component, however a majority are not transient. Most live there all year round. Seller spent $20,000 upgrading the well holding tank in the last year. Notices of a $25 rent increase have already been issued for January 1st, 2018