Investor Opportunity – 5-Acre Income Property with 4 Mobile Homes
This 5-acre parcel is zoned for one mobile home per acre and currently includes four mobile homes. The property generated consistent gross annual rents of $42,000 in both 2023 and 2024, with minimal expenses—tenants cover all utilities, and only taxes ($5,477/year) and trash service ($600/year) are the owner's responsibility. This results in a strong net income of $35,923 annually. Due to recent hurricane damage, two homes are currently unoccupied and in need of repair. The property is being offered AS IS prior to repairs, presenting a compelling value-add opportunity. Once fully restored and re-leased, the property is projected to resume its $42,000 annual income. Secure this deal before renovations begin and the price increases.