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Blueberry Country Estates

Mobile Home Park | 5.44% CAP | 60 Pads

Listing Contacts

Active

Asking Price: $4,500,000
Address 

2811 Jelly Ln, Crestview, FL 32539

Show on Map
Date Added
Oct 31, 2024
Days on Market
175 days
Time Since Last Update
7 days

Details

Property TypeMobile Home Park, Multifamily
SubtypeRV Park
Cap Rate5.44%
Pro-Forma Cap Rate9.47%
NOI$244,683
Pro-Forma NOI$426,197
Units60
Pads60
Lot Size (acres)11.45

Marketing Description

eXp Commercial as exclusive brokers are proud to introduce an exceptional investment opportunity with 60 pads in the heart of Crestview, FL.​ This well-maintained and attractive RV park boasts a strong rental history, high occupancy rates, and a close-knit, community-oriented atmosphere.​ With the potential to add around 40 more pads, this property offers a prime investment opportunity in a flourishing market.​ Its ample parking, outdoor space, and proximity to essential amenities position it for sustained demand and long-term value.​ Don't miss out on this prominent investment opportunity with the potential for expansion in a highly sought-after location.​

Investment Highlights

- 60 pads with strong income stream

- Well-maintained and attractive property

- Prime Crestview location

- Strong rental history and high occupancy rates

- Close-knit, community-oriented atmosphere

- Potential for sustained demand and long-term value

- Prominent investment opportunity in flourishing market

- Ample parking for residents

- Spacious outdoor areas

- Potential to add around 40 pads

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$244,683.00
$20,390.25/mo

Valuation Metrics

0
DSCR
5.44%
Cap Rate
5.44%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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