Crescent Way Mobile Home Park is fully licensed 8 site [Lot Rent] Mobile Home Park. This is a True mail box money park, All homes are resident owned [LONG TERM]. Gross Rent collection is $34,740.00 per year, Operating expenses are $7,417.00, Making a Net Operating Income of $27,323.00. At our sale price $320,000.00 that make for an 8.54% CAP rate. Land lord pays central water and street lighting, Residents pay by separate meters their own electric to Lakeland Electric co., Septic systems are Fully permitted and updated July and Dec 2016 Quiet area close to major employment centers, Bustling Lake land Fl. just off I-4 and St Route 92 BetweenTamps and Orlando/Kissimmee growth corridor!!! information above is deemed reliable but not guaranteed. Parties are parties are advised to verify.
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