Gina May in conjunction with out-of-state cooperating broker MHP Brokerage is pleased to present for sale Deluna Mobile Home Park located just a 10-mile drive away from Pensacola Beach which is home to some of the Gulf Coast’s most pristine beaches, and is a travel destination for people from all over the world.
The well-maintained Florida Panhandle Community is 95% occupied, with a 100% POH mix of 83 homes. The property is situated on city water and septic, and the owner is responsible for paying water and trash, which provides the opportunity to bill back utilities and lower the overall expenses. Day-to-day operations within the community are taken care of by the owner, and there is an on-site office provided for potential management.
This opportunity is perfect for someone in need of a 1031 exchange or looking to deploy capital into a cash-flowing asset. There is no deferred maintenance on any of the Park owned homes, allowing for a significant decrease in repairs compared to other POH run communities.