10432 County Road 44 , 8,9,10,11

    Leesburg, FL 34788
    • $200,000
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: O5794028
    UPDATED: 38 min ago
    $200,000
    • 0
      BEDS
    • 0.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,729
      SQFT
    • $54
      $/SQFT
    Neighborhood:
    Type:
    Manufactured Home
    Built:
    2019
    County:

    School Ratings & Info

    Description

    This is a great 4-Plex Business with homes to sell, as the markets and banks are giving less then 5% return on investments, fluctuating daily, this Business opportunity is a proven rent income and home ownership. These are four New Modern Tiny Homes, feels and shows large, on lots in a Park, Park is water front with Marina. The property management will lease and maintain homes so your investor is completely hands free, The massive cap rate return is based with a 7.5% vacancy rate per unit. This cap rate is 21% annually. The investor owns the homes. ' Cash on Cash approach shows a return on money invested at a 80% So the buyer of this business will own 4 homes and 100% of the income, tenant leases in place, the owner of the park provides the property management, rent collection, security, collection of electric bills and pays the expenses on behalf of owner. Any investor can own this business from anywhere in the world and enjoy an average of a 21% return on their investment.

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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-07-23T08:39:57.467.
    www.bestorlandomlssearch.com/homes/96786383

    10432 County Road 44 , 8,9,10,11 Leesburg, FL 34788

    • Price: $200,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: O5794028
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.85
    Acres
    3,729
    SQFT
    $54
    $/SQFT
    2019
    Built
    Neighborhood:
    Acreage & Unrec
    County:
    Lake
    Area:
    Leesburg / Haines Creek
    Property Description
    This is a great 4-Plex Business with homes to sell, as the markets and banks are giving less then 5% return on investments, fluctuating daily, this Business opportunity is a proven rent income and home ownership. These are four New Modern Tiny Homes, feels and shows large, on lots in a Park, Park is water front with Marina. The property management will lease and maintain homes so your investor is completely hands free, The massive cap rate return is based with a 7.5% vacancy rate per unit. This cap rate is 21% annually. The investor owns the homes. ' Cash on Cash approach shows a return on money invested at a 80% So the buyer of this business will own 4 homes and 100% of the income, tenant leases in place, the owner of the park provides the property management, rent collection, security, collection of electric bills and pays the expenses on behalf of owner. Any investor can own this business from anywhere in the world and enjoy an average of a 21% return on their investment.
    Exterior Features

    Additional Water Information Park Has A Marina That Fronts On Hains Creek To North Chain Of Lakes And You Can Access The Ocean From This Marina. IncludesLake HarrisEustisDora And Griffin. Adjoining Property Multi-Family Construction Materials Metal FrameOtherSip (Structurally Insulated Panel) Lot Features OtherStreet PavedTurn Around Parking Features NoneOther Roof Other Water Access Bay/HarborCreekLake - Chain Of LakesMarina Water Access Yn Yes Water Body Name North Chain Of Lakes Water Extras Assigned Boat SlipDock - ConcreteDock - OpenDock - Slip 1st ComeDock - WoodDock W/ElectricMinimum Wake Zone Water Extras Yn Yes Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Accessibility Features Accessible BedroomAccessible Central Living Area Ceiling Height 8 To 9 Feet Ceiling Type Drywall Cooling Humidity ControlMini-Split Unit(S)Wall/Window Unit(S) Flooring CarpetLinoleum Heating CentralElectricExhaust Fans Numof Restrooms 1 Sewer Private Sewer

    Property Features

    Additional Parcels Yn No Business Type Mobile/Trailer ParkResidential Converted Residence Yn No Disclosures None Electric 150 Amp Service Financing Terms 00 Flood Zone Code Ae Lease Term 3 To 5 Years Miscellaneous Clear SpanCommon LightingDumpstersFurnishedOwner ManagementProfessional Management Miscellaneous2 FencingTrash Removal New Construction Yn No Pets Allowed No Property Condition Completed Property Sub Type Business Realtor Info List Agent is Owner Security Features Fire AlarmSecurity LightsSmoke Detector(S) Space Type New Special Listing Conditions None Tax Annual Amount 6133 Tax Year 2018 Total Num Buildings 4 Utilities Other Zoning C-1


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Glasbridge Llc.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-07-23T08:39:57.467.
     
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