621 Live Oak Street Street
Freeport, FL 32439
Description
Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS. Cal me for additional details. Value Add - 4 of 6 leases are on month to month leases at below market rates.Gross Rents are $63,300; Annual expenses $10,891: Net Operating Income $52,409
Construction Details
- Property TypePurchase
Other
- MLS #950121
Location
Legal
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Last Updated: . Source: ECAR
Listing Courtesy
Listing Agent: Brett D Stuart (#20140121151636918437000000)
Listing Office: Taylor Allen Properties LLC (#20140121012126225716000000)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
