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4005 W Bobe St 1 Unit Mobile Home Park $6,645,600 CAD ($6,645,600 CAD/Unit) 9.17% Cap Rate Pensacola, FL 32505

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INVESTMENT HIGHLIGHTS

  • Situated in a residential area with easy access to major roads.

EXECUTIVE SUMMARY

Gina May in conjunction with out-of-state cooperating broker MHP Brokerage is pleased to present for sale Deluna Mobile Home Park located just a 10-mile drive away from Pensacola Beach which is home to some of the Gulf Coast’s most pristine beaches, and is a travel destination for people from all over the world.


The well-maintained Florida Panhandle Community is 95% occupied, with a 100% POH mix of 83 homes. The property is situated on city water and septic, and the owner is responsible for paying water and trash, which provides the opportunity to bill back utilities and lower the overall expenses. Day-to-day operations within the community are taken care of by the owner, and there is an on-site office provided for potential management.


This opportunity is perfect for someone in need of a 1031 exchange or looking to deploy capital into a cash-flowing asset. There is no deferred maintenance on any of the Park owned homes, allowing for a significant decrease in repairs compared to other POH run communities.

PROPERTY FACTS

Price $6,645,600 CAD
Price Per Unit $6,645,600 CAD
Sale Type Investment
Cap Rate 9.17%
No. Units 1
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Lot Size 13.32 AC
Building Size 55,776 SF
Average Occupancy 100%
No. Stories 1
Year Built 1974
Zoning HDMU

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-2S-30-0010-004-001
Land Assessment
$309,411 CAD
Improvements Assessment
$1,034,606 CAD
Total Assessment
$1,344,017 CAD
  • Listing ID: 30912032

  • Date on Market: 2024-02-08

  • Last Updated:

  • Address: 4005 W Bobe St, Pensacola, FL 32505

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