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950 Sidney St 25 Unit Mobile Home Park $4,187,760 CAD ($167,510 CAD/Unit) 9.77% Cap Rate Saint Augustine, FL 32084

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INVESTMENT HIGHLIGHTS

  • ********* PRICE REDUCTION *****************
  • Nestled in the heart of Saint Augustine, FL, COQUINA OAK Mobile Home Park benefits from its position in a city celebrated for its rich history

EXECUTIVE SUMMARY

"The owners have decided to retire and are looking to liquidate all of their assets, including the park. As a result, they have reduced the listing price by $300,000. The property is now being offered at $3.1 million."

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $4,187,760 CAD
Price Per Unit $167,510 CAD
Sale Type Investment
Cap Rate 9.77%
Sale Conditions
Bulk/Portfolio Sale
  • Business Value Included
No. Units 25
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Single-Family Home
Building Class C
Lot Size 2.50 AC
Building Size 20,157 SF
Average Occupancy 100%
No. Stories 1
Year Built 1984
Zoning RS-3 - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning

SITE AMENITIES

  • Fenced Lot

ABOUT 950 SIDNEY ST , SAINT AUGUSTINE, FL 32084

PRICE REDUCTION: "The owners have decided to retire and are looking to liquidate all of their assets, including the park. As a result, they have reduced the listing price by $400,000. The property is now being offered at $3.4 million." Pioneer Properties USA proudly presents Coquina Oak Mobile Home Park, a highly lucrative investment opportunity in the heart of historic Saint Augustine, Florida. As the oldest city in the U.S., Saint Augustine seamlessly blends history, culture, and coastal charm, making it a top destination for both tourists and residents. This vibrant beach town boasts renowned attractions such as the Old Fort, world-class restaurants, artisan distilleries, and premier golf courses, including the World Golf Hall of Fame and Ponte Vedra, home of the PGA Tour. This offering includes a profitable and well-maintained mobile home park, backed by operational efficiency and a strategic expansion plan that enhances its already strong financial performance. With millions of visitors annually and a growing demand for affordable housing, Coquina Oak MHP presents an outstanding opportunity for investors seeking stable cash flow and long-term appreciation. Due to a health-related situation, the current owners are looking to liquidate assets and are highly motivated to sell. This creates a prime opportunity for serious investors to secure a high-performing property at an attractive valuation. For more details, including financials and growth projections, contact us today and take advantage of this exceptional investment opportunity in one of Florida’s most desirable markets.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 25 - -
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30884951

  • Date on Market: 2024-02-06

  • Last Updated:

  • Address: 950 Sidney St, Saint Augustine, FL 32084

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