Approx. 1.5 acre parcel with 4 Rented (with leases) mobile homes. Gross yearly rental income: $24,780.00. All good condition. North Arcadia: 2939 Ouray Rd. 34266 ............................................................... 3B/2B: $615.00/mo., 2B/1B: $525.00/mo.. 2B/1B: $475.00/mo.. 1B/1B: $450.00/mo. Total gross; $2,065.00 per month. Tenants pay their own utilities. ............................................................... OWNER FINANCING with 20% down ! For example:................. $477.24 per month 30 years amortization, 5 year balloon payment, OR: $671.71 per month and You Own it Outright in only 15 years. Positive cash flow either way! I'm also open to other financing ideas. ..................... $99,500 buys this income producing property with LOTS of potential. That's only less than $25,000 per rental unit! AND you get LOTS of extra space. Or you could live here and have 3 rentals. Live here for free, AND make money. I've rented space to horses, RV's, outdoor storage, and truck parking NOT included in the rental incomes listed above. The 1 electric bill for the 1 water pump serving the 4 units runs about $35 per month. The well pump is a Goulds, with a big air tank and runs trouble-free. Once a year I trim the trees myself, and bush-hog the field. I buy each family a turkey for Christmas. Every 2-3 years we wash the outside of the trailers. Not much other maintenance. A couple times a year I get a call about a broken pipe, or water leak.. I paid $1,766.82 in taxes last year, but I believe that can be lowered. If you live there you will get the homestead exemption, and seniors will get the additional exemption. Trash collection is included in the taxes. ......................................................................................................... PLEASE DON'T BOTHER THE TENANTS. ......................................................................................................... Arcadia is place that time has forgotten. Home to the oldest continuously run rodeo in the nation, Arcadia is a quiet country town that is a haven for antique buffs. A friendly, peaceful, and historic small town. Unknown to most, Florida is one of the top cattle producing states and in Arcadia, cattle and citrus are king and real cowboys still find work. Low property taxes, a modern Hospital and Schools, many Civic and Service Organizations, over 300 buildings on the National Historic Register, four golf courses, over 50 Churches, along with great boating and fishing in the Peace River. 45 minutes to Sarasota, Port Charlotte, Punta Gorda, and Bradenton. A few more minutes gets you to the beaches. Orlando is about 2 hours to the north. This is a great location for a year-round homeowner or affordable location for a snowbird. Many snowbirds come to Arcadia for the winter.
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