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Hillside Mobile Home Park 1247 Lpga Blvd

23 Unit Mobile Home Park £1,251,920 (£54,431/Unit) Daytona Beach, FL 32117

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Executive Summary

Stabilized/Turn-Key manufactured home community. Infrastructure renovated in 2021 and rents stabilized.
Asking price is $69,565/unit and 8.62% Cap Rate.
Property serviced by city water and on-site septic.
HIGH DEMAND area for affordable housing in a small, quiet community with easy access to World Famous Daytona Beach & I-95.

Hillside MHP FOR SALE _Daytona Beach_ FL_

Property Facts

Price	£1,251,920	Lot Size	1.62 AC
Price Per Unit	£54,431	Building Size	8,368 SF
Sale Type	Investment	Average Occupancy	100%
No. Units	23	Number of Floors	1
Property Type	Residential	Year Built	1958
Property Subtype	Manufactured Housing/Mobile Home	Parking Ratio	0.36/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	£1,251,920
Price Per Unit	£54,431
Sale Type	Investment
No. Units	23
Property Type	Residential
Property Subtype	Manufactured Housing/Mobile Home
Apartment Style	Low Rise
Building Class	C
Lot Size	1.62 AC
Building Size	8,368 SF
Average Occupancy	100%
Number of Floors	1
Year Built	1958
Parking Ratio	0.36/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.