Value Add ~ Six Unit Mobile Home Park ~ Choctaw Beach
Multi-Family
for Sale
Catylist Listing ID: |
30872729 |
Property Subtypes: |
Mobile Home Park
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Number of Units: |
6 Units |
Building Size (RSF): |
6,000 SF |
Gross Building Area: |
See Agent |
Gross Land Area: |
0.68 Acres
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Sale Price: |
$525,000 |
Unit Price: |
$87,500 Per Unit |
Property Use Type: |
Investment |
Building Name: |
Magnolia Court |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/5/2024 |
Overview / Comments
Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS. Cal me for additional details.
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Additional Details
Nearest MSA: |
Crestview-Fort Walton Beach-Destin |
County: |
Walton |
Taxing Authority: |
Walton County |
Tax ID/APN: |
281S21410100090130 |
Percent Occupied: |
100% |
Property Located Between: |
Niceville & Freeport |
Property Condition: |
Good |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
1,075 |
12,638 |
Median Age: |
44.32 |
43.53 |
Households: |
457 |
5,133 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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