7739 E Watson St - Watson Mobile Home Park
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7739 E Watson St - Watson Mobile Home Park
12 Unit Apartment Building Offered at £636,494 at a 7.50% Net Initial Yield in Inverness, FL 34450
Investment Highlights
- Located close to the Inverness Executive Airport.
- Close to US Hwy 41 S
- Growth potential of the area is very high
Executive Summary
This park has 12 residences and a single family home. htere is 1 well, approximately 1.83 acres. All mobiles have septic. All mobiles are occupied. No leases in Place. Owner is offering finance for qualified buyer.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £636,494 | Property Type | Residential |
| Price Per Unit | £53,041 | Building Size | 40,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Net Initial Yield | 7.50% | Number of Floors | 1 |
| No. Units | 12 | Year Built | 1982 |
| Price | £636,494 |
| Price Per Unit | £53,041 |
| Sale Type | Investment |
| Net Initial Yield | 7.50% |
| No. Units | 12 |
| Property Type | Residential |
| Building Size | 40,000 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1982 |
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Presented by
Plantation Realty, Inc.
7739 E Watson St - Watson Mobile Home Park
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