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10432 COUNTY ROAD 44

Commercial Recently Sold
$1,500,000

BTC: 16.98754247

ETH: 486.45861372

Sold on: 2020-11-24
127 days
Waterfront
0 room(s)
3,729 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Recession Proof Income. This park is in the perfect location, Tenants usually work within 2 miles with local industry and that creates a 95 % occupancy 95% of the year. Park owns all rental units in the park, securing the highest possible weekly and monthly rent amounts. All capital projects have been completed/upgraded. New metal roof on main building, asphalt roads have been put in, upgraded electric to each site, new water lines to each site and upgraded sewer systems. The water utility is owned by the Park and has been completely upgraded, newer laundry room owned by Park, no machines rental. Main building has the owners 2 bed/2 bath, there is a second 2 bed/ 2 bath, and a 1 bed/1 bath. There are 2 Vacation rentals on the water front. There is 12 rentals in the front of the Park and 3 rentals in the back of the Park. Owners 2/2 has new kitchen and new bathroom. The proforma reflects potential monthly and annual income to actual costs. Currently the actual income is nearly 90% of the forecasted income. The marina is ready for finger docks and start renting spaces. This park is perfect for an owner operator or put manager in the 1/1 apt that faces the front of the park.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1951
Lot:
1.30 Acres
Heating:
Central / Electric
Price/sqft:
$402
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Engineered Hardwood

    • Laminate

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Refrigerator

  • Property

    • Levels: One

    Lot

    • Lot: 1.30 Acres

    Other Property Information

    • Parcel Number: 021925000200001400

    • Zoning: C-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Capable

    • Other

  • Other financial information

    • Annual tax amount: $6,336

  • Source details

    • MLS ID: O5872179

    Other facts

    • Construction Materials: Block / Vinyl Siding / Wood Siding

    • Foundation Details: Slab

    • Lot Features: Riprarian Rights / Street Lights / Turn Around / Waterfront / Wooded

    • Other Structures: Maintenance / Other / Storage

    • Waterfront: Yes

    • Living Area: 3729

    • Subdivision Name: ACREAGE & UNREC

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: GLASBRIDGE LLC