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 50x Mobile Home and 2x Single-Family Block Homes ORLANDO FLORIDA

  • Mobile Home
    0 ft2
    bedroom 0 Bedrooms
    bathroom 0 Baths
  • Flip/Rental
    Status : Sold
    Year Built : 2020
Mobile Home Park with tons of value add!! This park has 52 lots. 50 mobile homes and 2 Single-family block homes on 4 Parcels (SEE BREAK DOWN BELOW). 4 Mobile Homes are brand new and 14 lots are rented at $449 and others rented at up to $1,200. Some homes sit on about .25 acres of land with every single one individually metered and on their own septic. The total park sits on about 12 acres. Lots of value can be added by simply getting the full park to perform as well as tons of value when you increase rent to market rent. You can even sell some brand new mobile homes and collect lot rent or rent them out for top market rent of about $1,100 each. The potential for added value is incredible. 

The park is currently owner-managed and underperforming BUT you can start collecting rent as soon as you close! 
Current GOI is over $240k !!! Over $20k monthly income AS IS!  

Break down of 52 units:
14 - Lot Rents at $449 each 
4 - Brand new Units 
3 - Vacant Homes
2 - Vacant Lots 
1 - Mobile used as an office
18 - Rented Mobile Homes
2 - Rented Single Family Homes
7 - Need Removal
1 - Needs Rehab 

 Rehab Work Needed
 General Amenities


50x Mobile Home and 2x Single-Family Block Homes ORLANDO FLORIDA Sold
Property ID: FL200183482
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32808
Country: USA

Rental Analysis

+ Purchase Price: $2,400,000
+ Purchase Closing Cost: $72,000
+ Rehab Cost: $0
Total Acquisition Cost: $2,472,000

Monthly Rent: $0
+ Annual Potential Rent: $0
- Vacancy (3%): $0
Annual Gross Income: $0
Annual Gross ROI: 0%

Flip Analysis

+ Purchase Price: $2,400,000
+ Purchase Closing Cost: $72,000
Total Acquisition Cost: $2,472,000

Total Flip Cost: $2,472,000


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