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CM RV & MH Park

Business for Sale

Listing Contacts

Active

Asking Price: $699,000
Address 

707 Eden Ln, Cantonment, FL 32533

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Date Added
Dec 6, 2024
Days on Market
141 days
Time Since Last Update
16 days

Details

Property TypeBusiness for Sale, Mobile Home Park
SubtypeBusiness and Building
Units14
Pads14
Buildings1
ZoningTrailer Park / Low Density Residential.
Lot Size (acres)3.92
Broker Co-OpYes
Sale ConditionFor sale by owner

Marketing Description

EASY TO OPERATE MH & RV PARK IN A QUIET, GREEN & PEACEFUL SETTING

Investment opportunity located just 15 miles north of Pensacola in the scenic town of Cantonment.​ This easily managed park offers a total of 14 sites, including 8 30/50 AMP FHU RV sites and 6 park-owned mobile homes.​ The central Panhandle location attracts long-term residents from both Alabama and the greater Panhandle area.​ With an occupancy rate of over 85%, the park has a strong demand despite competition in the area.​ The property is well-maintained and updated, presenting a prime opportunity for investors to add value with upgrades, additional amenities, and enhanced marketing efforts.​ This investment includes management in place, making it ideal for regional or out-of-state buyers who can remotely oversee operations.​ Additionally, the park has the potential for a ±15-20% rate increase to align with market rates.​ All mobile homes are park-owned, with the tenants responsible for their own utilities.​ The business is very easy to run, the owner just collects cash flow, with no need to deal with tenants or be there.​ This is also a great way to retire and earn steady income.​ Rents are auto deposited into the owner’s account.​

HIGHLIGHTS

Opportunities to increase income

All of the current tenants have great payment history and generate a reliable income.​ Rents are well below market rate.​ ROI at current rents is at 8.33 years.​ If rents are changed to market rent price or below with no repairs, ROI is 6.78 years.​ If the property is expanded with 6 more RV rental spots, ROI (minus expenses to remodel and expand the septic) would be 4.66 years.​

Area attractions

Pensacola beaches.​ City of Pensacola.​ Uncle Sandy’s Macaw Bird Park.​ Splash City Adventures.​ Shipwreck Island Waterpark.​ Gulf World Marine Park .​ Gulf Breeze Zoo.​ National Naval Aviation Museum.​ Blue Angel Recreation Park.​ Fort Pickens.​ Perdido River Wildlife Management Area.​ Topsail Hill Preserve State Park.​ Tarkiln Bayou Preserve State Park.​ Much more.​.​.​

Investment Highlights

This investment includes management in place, making it ideal for regional or out-of-state buyers who can remotely oversee operations. Additionally, the park has the potential for a ±15-20% rate increase to align with market rates. All mobile homes are park-owned, with the tenants responsible for their own utilities. The business is very easy to run, the owner just collects cash flow, with no need to deal with tenants or be there. This is also a great way to retire and earn steady income. Rents are auto deposited into the owner’s account.

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Due Diligence

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

Contact

Listing Contacts


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