4005 W Bobe St
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4005 W Bobe St
1 Unit Mobile Home Park £3,755,760 (£3,755,760/Unit) 9.17% Net Initial Yield Pensacola, FL 32505
Investment Highlights
- Situated in a residential area with easy access to major roads.
Executive Summary
Gina May in conjunction with out-of-state cooperating broker MHP Brokerage is pleased to present for sale Deluna Mobile Home Park located just a 10-mile drive away from Pensacola Beach which is home to some of the Gulf Coast’s most pristine beaches, and is a travel destination for people from all over the world.
The well-maintained Florida Panhandle Community is 95% occupied, with a 100% POH mix of 83 homes. The property is situated on city water and septic, and the owner is responsible for paying water and trash, which provides the opportunity to bill back utilities and lower the overall expenses. Day-to-day operations within the community are taken care of by the owner, and there is an on-site office provided for potential management.
This opportunity is perfect for someone in need of a 1031 exchange or looking to deploy capital into a cash-flowing asset. There is no deferred maintenance on any of the Park owned homes, allowing for a significant decrease in repairs compared to other POH run communities.
The well-maintained Florida Panhandle Community is 95% occupied, with a 100% POH mix of 83 homes. The property is situated on city water and septic, and the owner is responsible for paying water and trash, which provides the opportunity to bill back utilities and lower the overall expenses. Day-to-day operations within the community are taken care of by the owner, and there is an on-site office provided for potential management.
This opportunity is perfect for someone in need of a 1031 exchange or looking to deploy capital into a cash-flowing asset. There is no deferred maintenance on any of the Park owned homes, allowing for a significant decrease in repairs compared to other POH run communities.
Property Facts
| Price | £3,755,760 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | £3,755,760 | Lot Size | 13.32 AC |
| Sale Type | Investment | Building Size | 55,776 SF |
| Net Initial Yield | 9.17% | Average Occupancy | 100% |
| No. Units | 1 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1974 |
| Price | £3,755,760 |
| Price Per Unit | £3,755,760 |
| Sale Type | Investment |
| Net Initial Yield | 9.17% |
| No. Units | 1 |
| Property Type | Residential |
| Property Subtype | Manufactured Housing/Mobile Home |
| Lot Size | 13.32 AC |
| Building Size | 55,776 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1974 |
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PROPERTY TAXES
| Parcel Number | 34-2S-30-0010-004-001 | Improvements Assessment | £561,989 |
| Land Assessment | £114,386 | Total Assessment | £676,376 |
PROPERTY TAXES
Parcel Number
34-2S-30-0010-004-001
Land Assessment
£114,386
Improvements Assessment
£561,989
Total Assessment
£676,376
zoning
| Zoning Code | HDMU |
| HDMU |
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Gina May Nestande Gina May Nestande -
Omar Alassadi
- Gina May Nestande
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4005 W Bobe St
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