Stacy Chen - Coldwell Banker Ackley
38045 Marka Road
DADE CITY, FL 33523

Description

INCOME PRODUCING MARKA DRIVE MOBILE HOME PARK OFFERED AT A HIGH CAP RATE OF APPROXIMATELY OVER 10.5%!!! LOCATED JUST NORTH OF DADE CITY OFF OF US HWY 301, THIS PROPERTY IS APPROXIMATELY 1.59 ACRES FEATURING 11 RESIDENTIAL MOBILE HOME RENTAL UNITS CONSISTING OF A MIX OF SINGLE AND DOUBLE WIDES. PARK STAYS CONSISTENTLY RENTED DUE TO AFFORDABLE RENT PRICES AND A QUIET, COUNTRY SETTING. LOW OVERHEAD COSTS AND LOWER COUNTY TAXES...PRIVATE TREED LINE SETTING AND ROAD DEAD ENDS FOR NO THROUGH TRAFFIC! ELECTRIC AND COUNTY WATER SEPERATELY METERED TO THE TENANTS WITH SEPTIC UTILITIES. ALL MOBILE HOME UNITS WILL CONVEY TO NEW OWNER. CURRENT RENT ROLL PROVIDED UPON REQUEST. ONE OF THE BEST WAYS TO MAKE A GREAT RETURN ON YOUR MONEY IN TODAY'S FINANCIAL CLIMATE. PROPERTY CONSISTS OF TEN SEPERATE PARCELS THAT ARE BEING SOLD TOGETHER. CALL TODAY TO SET UP A VIEWING!

Details

MLS#E2400962
Sub-TypeResale
StatusActive
Year1970
Days On Site28

Features

SQ Feet9,598
Units11
Building(s)11
Property ViewYes

Market Activity 33523

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Area Information

StateFL
CountyPasco
CityDADE CITY
Zip Code33523
Area33523 - Dade City/Ridge Manor
Listing VS Median (in 33523)
Price:
$525,000
low | high
Med:
$178,000
100% of Average
SqFt:
9,598
low | high
Med:
0
100% of Average
$ / SqFt:
$55
low | high
Med:
$0
100% of Average
On Site:
28
low | high
Med:
184
15.217391304348% of Average
Listing Updated: 12/14/2018
MLS Number: E2400962
Listing Provided By:
Brian Infantino  of  BINGHAM REALTY INC.

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