Listed by SVN | Alliance Commercial Real Estate Advisors Ormond Beach
$1,575,000
Hillside Mobile Home Park
Details
APN 424401050024
Property Type Multifamily, Mobile Home Park
Sub Type RV Park
Units 20
Cap Rate 8.62%
NOI $137,927
Year Renovated 2021
Acreage 1.615
Multifamily | 20 Units | $69,565/unit
Marketing description
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.
Investment highlights
- Property includes 20 manufactured home pad rentals (1 park-owned home)
- and 3 single family home rentals (1 home fully renovated 2022).
- 3 Single Family Homes, 12 Tenant Owned Manufactured Homes, 7 Tenant
- Owned RV Homes, 1 Park Owned Manufactured Home.
- Local property management currently in place.
- All tenants are current on rent.
Listing Contacts
Listed by SVN | Alliance Commercial Real Estate Advisors Ormond Beach
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$137,927.00
$11,493.92/mo
Valuation Metrics
0
DSCR
8.76%
Cap Rate
8.76%
ROI
Map
Zoning
MH-1 ResidentialSingle FamilyMobile Home Park
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 19 uses
View all 19 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
