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1854 Clinch And 1315 S 5th Street
Project Information
- Project Location:
- Fernandina Beach, FL
- Status:
- Completed
- Structure Type:
- Residential Building
Scope Of Work
Incredible opportunity to own 2 (two) performing mobile home parks under one portfolio. Performing existing mobile home parks with County approval for continuous use. Underutilized with 5 vacant lots for future use and expansion or redevelop with all new mobile homes to maximize rents. One park is on municipal water with availability of municipal sewer. The other is on well with availability of municipal water and sewer. Fully occupied at 8.5% CAP. Extraordinary opportunity for cash flow or revitalize for increased returns. One park consist of 4 Single Family 100'X100' lots that can be converted back to SFR for traditional SFR development. Options and opportunities abound with this unique offering. DO NOT DISTURB TENANTS