Search Results -> 862 A Chestnut Avenue E, Crestview

862 A Chestnut Avenue E, Crestview 32536 (Active)

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Listing Information

Property Type: Commercial Sale

MLS #:	954070	Price:	$650,000.00	Year Built:	Not available
Square Feet:	Not available	Bedrooms:	Not available	Bathrooms:	Not available
HOA Fees:	Not available	Lot Size:	1.52 acres	Lot Dimensions:	300x375

Subdivision: Not available

Description:

This mobile home park currently has ten units with space to add an additional two. There is a large space at the front of the park where a single family home used to be. The city has already approved this land for 30 multi-family units up to three stories. 9 units are currently rented, eight of which were in 2022 to include new flooring throughout, roofs, vanities, porches, etc. Each unit has its own individual water meter for bill back which helps drastically with utility bills. The side street is maintained by the city.The property owner also has two mobile home parks in Pensacola that they would sell in a bundle with this one! Each of these parks has a single family home at the front. One park has a huge storage/garage area on site as well. Total of 23 rented units bring

Photos

Features

Not available

Commercial Features

Mobile Home Park Number of Pads: 12
Mobile Home Park Vacancy Rate: 3	Mobile Home Park Actual Gross Income: 114214.38	Mobile Home Park Net Operating Income: 83746	Mobile Home Park Cap Rate: 14
Multi-Family Number of Units: 10
Multi-Family Vacancy Rate: 3	Multi-Family Actual Gross Income: 114214.38	Multi-Family Net Operating Income: 83746	Multi-Family Cap Rate: 14

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This listing provided courtesy of Emerald Coast Homes.
This information was last updated on 11/21/2024 1:06:09 AM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
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