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Wade M. Berlin

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Broker IDX Sites Inc.
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2610 67th Street
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PRICED AT ONLY: $1,590,000

Address: 2610 67th Street, OCALA, FL 34480

Description

Value Add Opportunity! The future land use is high density residential. This mobile home park includes one SFR and 18 mobile homes (heated 552 924sqft), which produce a monthly income. And 3 more pads are vacant and ready to be turned into 3 more income properties. The SFR is currently occupied by the owner, with no income yet. It could be rented out for a higher rent than mobile homes, as its heated square footage is 1,298, which is almost double that of mobile homes (monthly rent is among $550 $1,100). There are 2 bedrooms plus 2 bonus rooms, one serves as an office, and the other serves as a gym with AC and a closet in the garage. You will see a swimming pool, 3 storage units, and some fruit trees in the yard. The owner is very handy; he has plenty of parts, materials, tools, and equipment on the site for his D.I.Y. projects. He installed security cameras and a system to guard the campus. All the residents in the park use private water from a well; they recently replaced the motor, which could last for many years. A septic system serves the MHP, with 3 drainfield covers that all the units in the park. The owner is liable for the water and trash, while the tenants are liable for electricity and wifi. The location, adjacent to US HWY 27, 301, 441, and SR 25, is very convenient for traveling anywhere. It takes just 7 minutes to drive to Publix and other stores. It attracts renters here. The owner never pays for advertising for new tenants. A sign and several referrals brought the new tenants in. Do you like to be the king or the Mayor of the territory? Come to experience a new role, become the owner of the mobile Home park!
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  • MLS#: O6349854 ( Commercial Sale )
  • Street Address: 2610 67th Street
  • Viewed: 2
  • Price: $1,590,000
  • Price sqft: $83
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 19072
  • Days On Market: 33
  • Acreage: 3.45 acres
  • Additional Information
  • Geolocation: 29.1182 / -82.101
  • County: MARION
  • City: OCALA
  • Zipcode: 34480
  • Provided by: SUNRISE REALTY GROUP LLC
  • Contact: Lia Lin
  • 909-706-5460
  • mfrmls
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 19072.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Ductless
  • Road Frontage Type: City Street
  • Sewer: Private Sewer, Septic Tank
  • Utilities: Electricity Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 108450.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: SEC 10 TWP 16 RGE 22 COM AT THE SE COR OF SW 1/4 OF NW 1/4 OF NW 1/4 TH N 89-56-50 W 226.20 FT TH N 543.03 FT TH N 68-36-20 E 217.42 FT TH S 26-37-50 E 416.93 FT TH N 89-51-50 W 163.12 FT TH S 250.00 FT TO THE POB
  • Area Major: 34480 - Ocala
  • Parcel Number: 36503-010-00
  • Zoning Code: PMH

Contact Info

  1. Broker IDX Sites Inc.
  2. We are the World
  3. 750.420.3943
  4. Toll Free: 005578193
  5. support@brokeridxsites.com
Wade M. Berlin