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Ruby Lane Mobile Home Park - Bonifay, FL 2344 Ruby Lane ln

5 Unit Mobile Home Park £160,300 (£32,060/Unit) 10.80% Net Initial Yield Bonifay, FL 32425

Investment Highlights

  • 5 Park Owned Homes on 4.76 Acres With 8 Total Lots
  • Later Model Homes: 2022, 1990, 1992, 1994
  • Acquire Additional Units We Have Available in Town to Benefit From a Larger Portfolio
  • Property Serviced By Well & Septic
  • There is Value-Add Potential With Room to Expand
  • Part of an Estate Sale; Limited Records Available

Executive Summary

Sands Investment Group is Pleased to Present for Sale the Ruby Ln MHP Located at 2344 Ruby Lane in Bonifay, FL. This Deal Includes a 5 Park Owned Homes on 4.76 Acres. There is Large Value-Add Potential in Rent Increases, Providing For a Secured Investment.

In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953

Property Facts

Price £160,300
Price Per Unit £32,060
Sale Type Investment
Net Initial Yield 10.80%
No. Units 5
Property Type Residential
Property Subtype
Manufactured Housing/Mobile Home
  • General Retail Storefront Retail/Residential
  • Apartment Buildings
  • Office Office Residential
Apartment Style Garden
Lot Size 3.77 AC
Building Size 5,032 SF
Number of Floors 1
Year Built 2000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0532.00-000-000-026.000
Land Assessment
£11,087
Improvements Assessment
£24,103
Total Assessment
£35,190
  • Listing ID: 30827732

  • Date on Market: 31/01/2024

  • Last Updated:

  • Address: 2344 Ruby Lane ln, Bonifay, FL 32425

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