Mayerlin Cortes - Coldwell Banker Ackley Realtors
1706 W Parker Street
LAKELAND, FL 33815

Description

Crescent Way Mobile Home Park is fully licensed 8 site [Lot Rent] Mobile Home Park. This is a True mail box money park, All homes are resident owned [LONG TERM]. Gross Rent collection is $34,740.00 per year, Operating expenses are $7,417.00, Making a Net Operating Income of $27,323.00. At our sale price $320,000.00 that make for an 8.54% CAP rate. Land lord pays central water and street lighting, Residents pay by separate meters their own electric to Lakeland Electric co., Septic systems are Fully permitted and updated July and Dec 2016 Quiet area close to major employment centers, Bustling Lake land Fl. just off I-4 and St Route 92 BetweenTamps and Orlando/Kissimmee growth corridor!!! information above is deemed reliable but not guaranteed. Parties are parties are advised to verify.

Details

MLS#N6103565
Sub-TypeResale
StatusActive
Year1969
Days On Site11

Features

Units8
Building(s)8

Market Activity 33815

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Area Information

StateFL
CountyPolk
CityLAKELAND
Zip Code33815
Area33815 - Lakeland
Listing VS Median (in 33815)
Price:
$320,000
low | high
Med:
$108,900
100% of Average
On Site:
11
low | high
Med:
31
35.483870967742% of Average
Listing Updated: 01/16/2019
MLS Number: N6103565
Listing Provided By:
Greg Vine  of  SUNACRE CORP

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