CENTURY 21 Commander Realty
Listed by CENTURY 21 Commander Realty
$1,300,000
4304 Fieldstone Court
Details
Property Type Multifamily
Sub Type RV Park, Mobile Home Park
Square Footage 17,484
Year Built 1992
Lot Size (SqFt) 392,040
Multifamily
Marketing description
Welcome to Friendly Acres, an income producing mobile home park with 19 homes only 5 minutes from downtown Marianna, FL. Seller Financing available with $500,000 down, 5% interest, with a balloon in 5 years. Situated on 9 acres, this park features fifteen 3 bed/2 bath homes, one 3/1.5 home, and three 2/1 homes. All homes are currently occupied and generating $14,475 per month. Many homes are leased below market rent creating an easy opportunity to raise cashflow. All homes had new metal roofs installed in 2019. There are 2 wells on the property with one having a new pump and tank installed in 2024 with the other well having the same work done in ~2020. There are approximately 15 septic tanks. There is city water located across from Fieldstone ct, making it a possibility to hook up to in the future. The current owner enjoys very low expenses with an expense ratio of 8.5%.
Listing Contacts
CENTURY 21 Commander Realty
Listed by CENTURY 21 Commander Realty
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