Bought with Paradise Real Estate Intl
$2,050,000
$1,999,999
2.5%For more information regarding the value of a property, please contact us for a free consultation.
10.77 Acres Lot
SOLD DATE : 03/17/2022
Key Details
Sold Price $2,050,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RX-10727146
Sold Date 03/17/22
Construction Status Resale
Year Built 1977
Annual Tax Amount $13,324
Tax Year 2020
Lot Size 10.770 Acres
Property Description
10.77 acre mobile home park. Tremendous investment opportunity - currently 54 tenants (many long term), with room for expansion to approximately 97 units. $200,000 in gross revenue, offered at over 7% CAP rate.Includes 1,560 sf office building on site.
Location
State FL
County Palm Beach
Area 5560
Zoning LI(cit
Interior
Heating Other
Cooling None
Flooring Other
Fireplaces Type None
Exterior
Utilities Available Electric, Public Sewer, Public Water
Roof Type Other
Building
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "