3388 5th Ave

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Address: 3388 5th Ave, Saint James City, Florida, US
Created date: February 14, 2024
Date last updated: March 26, 2024

Property Description

Shangri-La Mobile Home Park is a 55+ Community offering 31 Rental Units and is located in Saint James City, Florida. The Park is comprised of (30) Mobile Home Sites and (1) Residential Home. The Park was originally built in 1955 and sits on approximately 2 acres. Electric is Direct Billed and the Sites offer 100 AMP electrical service to Pedestal Units and through Overhead Feed. The Community is on City Water and has a Septic System. Water, Sewer, and Trash are included with rent and paid by owner. There are no Park Owned Homes and there are currently no Homes under Contract for Sale. The Residential Home is a 2 Bedroom/1 Bath (approximately 1,000 sq ft). The most recent Rent Raise occurred January 2022 ($100). The next Rent Raise is scheduled for January 2023 ($50 - $100). The Community has a Laundry Facility with 2 Washers/2 Dryers and the equipment is leased. Shangri-La has an Onsite Manager and all residents pay rent annually through electronic ACH.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,400,000
No. of Units: 31
Year Built: 1955
Lot Size: 2.05 Sq ft
Opportunity Zone: No
Price per unit: $77,419
Property Website Click Here
Address: 3388 5th Ave, Saint James City, FL 33956, USA
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