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Listing Details - Contact Us Now About This Listing

Holmes Mobile Home Park ($470,000)
5406 Glass Drive
Pensacola, Fl 32505
List Price: $470,000.00

Year Built
16 unit mobile home park located in Pensacola, Florida. This park is clean, paved, and all 16 park owned mobile homes stand in good shape (Lots 10-15 recently renovated). Holmes Mobile Home Park lies just north of Western Michigan Avenue which is a heavily traveled road and well known multi-family location. There is a tenant who collects rents, manages problems and could be used as a full-time manager.

Jan 1 - Sept 15 08' gross revenue totalled $68,744 & expenses totalled $19,334 ($14,456 maint.) Enjoy and benefit from the fruits of a well maintained and operated mobile home park!

Features  
Good Rental Market
Low Overhead
Individually Metered Lots
Well Maintained
12 % + Cap Rate
Recently Renovated
90 % + Occupancy

Pensacola, Fl
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Broker/Agent: Jason Williams 251.213.4570
Company: Meyer Real Estate
 

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