120 Godfrey Lane
Property Description
Well maintained landlord owned mobile home park with 22 bedrooms, 16 full baths and 5.79 total acres. Comprised of 2 parcels and 8 total units located at the bustling intersection of 17A and Cypress Gardens rd.,the 4,79 acre parcel boasts coveted R-3 zoning and has plenty of room to add more units. The owner's retreat (8th unit) sits on it's own 1 acre parcel with a 1500 sqft manufactured home (2020) with wood paneled bonus ''Carolina room'' and 730 sqft insulated garage/workshop with separate 200amp service. The well maintained rental units are fully occupied with rents well under market providing an opportunity for immediate upside! Zoning allows for many more units and the imminent addition of public sewer would expand these opportunities considerably! So much potential!With residential and commercial development all around, this property has tremendous upside and value add potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,100,000 |
| No. of Units: | 8 |
| Year Built: | 2020 |
| Lot Size: | 1,520.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $262,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 0 |
ID: 3yd-CTARSC-26019814
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