Middleburg Mobile Home Park

Middleburg Mobile Home Park

27 bed 17 bath 8092 sq ft Built in 1970 Multi-family
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75
Occupancy Status
Low High
18 /20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
12/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Here is a rare mobile home park opportunity in Middleburg, Florida in the Jacksonville area. These are two lots that total 8.11 acres. Currently, there are eleven maintained older mobile homes, one single-family home, and a large barn/storage building on site. 

This property has been brought up to date with repairs to the grounds and units over the last few years. Currently, the on-site manager lives in the single-family home rent free, but a new owner has the potential to increase the monthly income by either self-managing the property or hiring a property manager and renting the single-family home. The property is at almost a 100% occupancy rate and generating $9,200 per month. 

Middleburg is a growing area of the Jacksonville outskirts with new, nearby amenities. This could also be a good redevelopment opportunity in the future. 

If you are looking for a good buy-and-hold investment for years to come, or potential redevelopment down the road, don't miss this rare opportunity. Contact your EquityPro Advisor today for more information. 

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We recommend rent
Rental Income
$9,200 mo. / $110,400 yr.
Utilities
$38,626
Estimated Taxes
$9,211 / yr.
Maintenance
$27,770 / yr.
HOA Dues
$0 / yr.
$70,593
Projected Income
9.49%
Estimated APY
Utilities
$38,626
$20,374
Projected Income
2.61%
Estimated ROI

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