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2395 N WOODLAND BLVD Deland, FL 32720
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Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $146
MLS Listing ID O6235616
Sold Date 12/17/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1996
Annual Tax Amount $14,054
Lot Size 4.280 Acres
Acres 4.28
Property Description
Mobile Home Park in Deland FL.
27 LOTS total.
13 Existing Park owned mobile Homes & 14 Vacant Lots.
Annual Rental Income of $217,920.
Fully developed mobile home park on over 4 acres of land.
3.5 Acre Adjoining parcel may also be purchased as a separate transaction.
FINANCING OPTIONS AVAILABLE
25% down / 7-9% rate / 5 year term / 25 year amortization
Current MONTHLY RENTAL INCOME of $18,160 with value add opportunity up to 14 additional rental units.
Current monthly rental income of $18,160.
Annual Rental Income $217,920.
$13,774 2023 Real Estate Taxes.
$4,968 Insurance Annual expense.
$2,160 Garbage & Dumpster Annual expense.
$6,000 Lawn Care Annual expense.
Tenants pay their own utilities (electric, water, and propane). Public water and public sewer.
Location
State FL
County Volusia
Zoning MH-1C
Interior
Cooling Central Air, Other
Building
Story 1
Foundation Other
Lot Size Range 2 to less than 5
Structure Type Other
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with SLOANE REALTY, LLC
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