Huge Opportunity Mobile Home Park - Business for Sale
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Mobile Home Park with 40 Spaces in Hernando County, FL
FL, US
Added 4 months ago
Mobile Home Park Investment
66 years in business
Mobile home park with 40 rentable spaces on two acres in Hernando County, FL, currently in foreclosure and requiring significant repairs and improvements.
Key Information
Asking
$2.8M
Revenue
$432K
Earnings
$432K
Multiple
6.5x
Key Highlights
- The business operates a mobile home park with 40 rentable spaces, 4 of which do not currently have a mobile home.
- Average rent per space is $1,000 per month.
- The park is located in Hernando County, FL, and has been established for 66 years.
- Estimated repair and improvement costs are between $100,000 and $200,000, possibly more.
- Seller financing is available: $700,000 down payment with a $2,100,000 note at 6.0% interest, amortized over 30 years and due in ten years.
Contact Info
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