$510,000

621 Live Oak Street Street, Freeport, FL 32439, US

primary photo for 621 Live Oak Street Street, Freeport, FL 32439, US

Remarks

Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS.
Cal me for additional details.

Value Add - 4 of 6 leases are on month to month leases at below market rates.

Gross Rents are $63,300; Annual expenses $10,891: Net Operating Income $52,409

Details

MLS#: 950121
Price: $510,000


County: Walton

Share With Friend






Cancel

Ask a Question







Cancel

Request More Photos







Cancel

Schedule a Showing








Cancel
  • Photo 1
  • Photo 2
  • Photo 3
  • Photo 4
  • Photo 5
  • Photo 6
  • Photo 7
  • Photo 8
  • Photo 9
  • Photo 10
  • Photo 11
  • Photo 12
  • Photo 13
  • Photo 14
  • Photo 15
  • Photo 16

Broker Contact


Taylor Allen Properties LLC
1219 Airport Rd #311
Destin, FL, 32541
US
Jennifer Knaepple
! 850-259-2894
! jen@taylorallenllc.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Emerald Coast Association of Realtors
Last updated: 2024-09-16T14:53:19.000-04:00.
Privacy Policy