1247 LPGA Blvd
- Property includes 20 manufactured home pad rentals (1 park-owned home) and 3 single family home rentals (1 home fully renovated 2022).
- 3 Single Family Homes, 12 Tenant Owned Manufactured Homes, 7 Tenant Owned RV Homes, 1 Park Owned Manufactured Home.
- Local property management currently in place.
- All tenants are current on rent.
Property Description
Stabilized/Turn-Key manufactured home community. Infrastructure renovated in 2021 and rents stabilized. Asking price is $69,565/unit and 8.20% Cap Rate. Property serviced by city water and on-site septic. HIGH DEMAND area for affordable housing in a small, quiet community with easy access to World Famous Daytona Beach & I-95.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,575,000 |
| No. of Units: | 23 |
| Lot Size: | 1.62 Acres |
| Opportunity Zone: | No |
| Price per unit: | $68,478 |
| Property Website | Click Here |
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