$1,850,000
$2,100,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
28,216 SqFt
SOLD DATE : 06/30/2023
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 28,216 sqft
Price per Sqft $65
Subdivision Lake Weir Pines Mobile Home Park
MLS Listing ID OM657171
Sold Date 06/30/23
Construction Status Financing
HOA Y/N No
Originating Board Stellar MLS
Year Built 1970
Annual Tax Amount $17,854
Lot Size 4.810 Acres
Acres 4.81
Property Description
Fantastic location in Ocklawaha which is between The Villages and Belleview and across the street from Lake Weir.
The units in this park have been cared for very well, with many of them having new roofs and AC units. All, except one has central heat and air. Park does have its own septic system, but water is provided via a public utility company.
All units are park owned and are taxed as real property. Maintenance is provided by the Landlord. Total amount of bedrooms is 57 and total amount of bathrooms is 38.
Owner financing is available with 25% down payment.
Total monthly rental income is $28,550
Also available is a sister park to Lake Weir Pines called Summerfield Pines located at 8010 SE 131st Place, Summerfield, FL 34491.
It has 39 park owned mobile homes and 1 apartment. Total bedrooms is 83 total bathrooms is 60. Total monthly rental income is $45,750. Asking Price for Summerfield Pines is $3,250,000.
Owners have a third park located at 3531 S. Pine Avenue consisting of 23 homes available as well.
DO NOT DISTURB TENANTS AT ANY OF THE PARKS
Location
State FL
County Marion
Community Lake Weir Pines Mobile Home Park
Zoning PMH
Interior
Interior Features Kitchen/Family Room Combo, Living Room/Dining Room Combo
Heating Electric
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Lighting
Utilities Available Electricity Connected
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Other
Lot Size Range 2 to less than 5
Sewer Septic Tank
Water Public
Structure Type Vinyl Siding
New Construction false
Construction Status Financing
Schools
Middle Schools Lake Weir Middle School
High Schools Lake Weir High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Conventional, Private Financing Available
Listing Terms Conventional, Private Financing Available
Special Listing Condition None
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