North Tampa/ Lutz MHC ($1,800,000)
17124 N HWY 41
Lutz, FL
List Price: $1,800,000.00 |
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| PERMITTED FOR 40 LOTS WITH 27 PARK OWNED UNITS LOCATED NEXT TO AVILA COUNTRY CLUB. ALL 27 UNITS ARE PARK OWNED AND RENTS COLLECTED WEEKLY. TOTAL LAND SIZE IS 4.4 ACRES ZONED CG WITH 338 FT FRONTAGE ON HWY 41. THE MHP PERMIT IS FOR 40 UNITS BRING IN MORE UNITS OR RENT THE LOTS. 13 VACANT LOTS. THERE IS GREAT UPSIDE IN THIS PARK.
Year: 2005 Scheduled Gross Income: $190,000 Vacancy: $9,500 LAUNDRY: $7,500 Effective Gross Income: $188,000 Maintenance: $12,000 Taxes: $15,760 Insurance: $3,500 Other Expenses: $13,040 Total Expenses: $44,300 Net Operating Income: $143,700 |
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Solid NOI |
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Ample Road Frontage |
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Low Expenses |
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Lutz, FL |
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| Broker/Agent: Eldon Stills (813) 318-1244 |
| Company: Coolidge Commercial LLC |
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