$650,000
$879,900
26.1%For more information regarding the value of a property, please contact us for a free consultation.
332 SqFt
SOLD DATE : 06/02/2023
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 332 sqft
Price per Sqft $1,957
Subdivision Dockside/Sunn Lakes
MLS Listing ID L4936121
Sold Date 06/02/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1998
Annual Tax Amount $6,056
Lot Size 1.000 Acres
Acres 1.0
Property Description
Well maintained MH/RV Park in the heart of Sebring. Lots of upside potential in the AirBnB market. Between lot rents and a few owned units, the park manages to generate a 6.75% cap rate. Park consists of 4 MHs and 8 RVs. Fully booked during season and 80% occupancy yr round. ProForma brings over 10% Cap rate. Park has central water, 2 septic systems, strong WiFi, and Laundry room. Room for at least 2 more units. Don't delay, this one wont last!
OWNER FINANCING AVAILABLE with 50% down, 5 yr balloon with 15 yr amortization at 7%.
Location
State FL
County Highlands
Community Dockside/Sunn Lakes
Zoning M1S
Interior
Cooling Other
Building
Story 1
Foundation Other
Lot Size Range 1 to less than 2
Structure Type Metal Siding
New Construction false
Others
Ownership Partnership
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with ADVANTAGE REALTY 1
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "