This is a great opportunity for a CASH COW! Current Cap rate of about 15% with projected increases to exceed about 17%. There are 13 mobile homes leased out and one lot. There is also room to expand with another 6 mobile homes, with a septic system already in place for 2 of them. The cap rates on this property can soar with annual increases! This is a great way to have a good income and increase it steadily. This secluded property is an easy one to manage. In the county it is just minutes away from the highways. Don't miss out on this one, sometimes when they sound too good to be true, they are real!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
