$745,000
$795,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
11,317 SqFt
SOLD DATE : 03/11/2019
Key Details
Sold Price $745,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,317 sqft
Price per Sqft $65
Subdivision Edwards Sub
MLS Listing ID L4905096
Sold Date 03/11/19
HOA Y/N No
Year Built 1925
Annual Tax Amount $7,931
Lot Size 2.040 Acres
Acres 2.04
Property Sub-Type Multi-Family
Property Description
Well run Lakeland Mobile Home Park for sale on busy New Tampa Highway, located near Publix Supermarket offices and facilities. 16 current park owned mobile home units, with 3 open spaces. Additionally, there is a 900 square foot single family home, and a fully occupied three unit strip center. This park is on City sewer and septic. 16,600 cars daily along New Tampa Highway, and DOT plans to widen the road in 2021, which could result in a financial settlement. Minutes to Interstate 4. All units are park owned. Projected NOI for 2018 - $92,000. SEE BROCHURE IN ATTACHMENTS FOR FINANCIALS AND RENT ROLL.
Location
State FL
County Polk
Community Edwards Sub
Area 33815 - Lakeland
Zoning I-1
Interior
Cooling Wall/Window Unit(s)
Exterior
Roof Type Metal
Building
Lot Size Range Two + to Five Acres
Structure Type Metal Frame
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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