Remarks

Welcome to 2700 Cycle Drive, a prime investment opportunity in a thriving location. This mobile home park presents an excellent chance to own a lucrative income-generating property with plenty of potential for growth and expansion. Property Features: Location: Situated in a convenient location, this mobile home park offers easy access to amenities, schools, and major transportation routes, making it an attractive option for residents. Income Potential: The property's current rent roll is $17,500 monthly, providing a steady stream of income. Additionally, there is room for rent increases, allowing for even greater profitability. Well-Maintained Grounds: The mobile home park features well-maintained grounds and infrastructure, ensuring a pleasant living environment for residents and minimizing maintenance costs for the owner. Investment Highlights: Stable Income: Benefit from a stable income stream generated by the current rent roll, with the potential for further growth through rent. Location Advantage: Located in a desirable area with access to amenities and transportation, making it an attractive option for tenants and ensuring high occupancy rates. Opportunity for Value Enhancement: Take advantage of the opportunity to add two more units, increasing rental income and property value, and maximizing your return on investment.. Don't Miss Out on This Investment Opportunity! Don't miss the chance to acquire this income-generating property with significant potential for growth and expansion. Whether you're an experienced investor or seeking your first investment property, 2700 Cycle Drive offers a compelling opportunity to generate passive income and build long-term wealth.

Details

MLS#: 772187
Price: $1,300,000

Style: Mobile Home
Year Built: 1965

County: Escambia
Subdivision: No Named Subdivision

School Elementary: Hellen Caro
School Middle: Bailey
School High: Other