26301 SE Highway 42 - Manufactured Housing/Mobile Housing FOR SALE
Umatilla, FL 32784 |
$4,500,000 USD
949-287-5862
26301 SE Highway 42
Umatilla, FL 32784
HIGHLIGHTS
- SELLER FINANCING AVAILABLE FOR QUALIFIED BUYERS WITH AROUND 50% DOWN ON A 5 YEAR TERM
- Below Market Rents: Opportunity to increase rental rates as current rents are below market, providing immediate upside for investors.
- Stable Long-Term Tenants: Majority of tenants are long-term residents, ensuring steady cash flow with approximately 68% occupancy.
- Proximity to Ocala National Forest: Prime location adjacent to the Ocala National Forest, a popular destination for outdoor activities
- Close to Major Metro Area: Situated just under an hour from Downtown Orlando, benefiting from the area’s strong population and economic growth.
- Underutilized Marketing: Park can benefit from a targeted marketing strategy to attract both long-term and short-term tenants, increasing occupancy
FOR SALE DETAILS
PRICE
$4,500,000 USD
PRICE/SF
$900 USD /SF
# OF UNITS
132
PRICE/UNIT
$34,091
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
OCALA FOREST CAMPGROUND
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1971
PARKING SPACES
-
LAND DETAILS
LAND ACRES
68 AC
LAND SF
2,962,080 SF
ZONING
-
APN/PARCEL ID
50928-003-00
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949-287-5862
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949-287-5862
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