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1065 S VOLUSIA, Orange City, FL 32763

$1,440,154
Property Type: Commercial Sale Status: Closed
Current Price: $1,440,154 List Date: 11/03/2016 Last Modified: 9/28/2024

Overview

Description

This is a established 65-Lot mobile home park comprising approximately 6.5 acres, including one lot with a 3bed/2 bath mobile home currently occupied by the on-site park manager. Also, a 1,053 square foot clubhouse with dining room, kitchen, 1 bath, picnic area, 2 shuffleboard courts and coin operated laundry machines (Additional $1,000+/- monthly). The park is on city water and has a modern septic system where lift station pumps to a leach bed on a 1 acre adjoining piece of land. The park has historically enjoyed good occupancy levels of 95% or better. Majority of the tenants are long-term and have been there at least 12 years, as has the on-site manager. THIS IS A CONFIDENTIAL LISTING. SIGNED NDA IS REQUIRED (SEE ATTACHED).

Listing Details MLS# 1001835

General Property Information

Number Of Units Total
65
Year Built
1970
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Directions
From I4 head W towards Deland/Del, L on N. KY, R on E. Graves Ave., L on Volusia Ave(17-92), Property on Right.
Public Remarks
This is a established 65-Lot mobile home park comprising approximately 6.5 acres, including one lot with a 3bed/2 bath mobile home currently occupied by the on-site park manager. Also, a 1,053 square foot clubhouse with dining room, kitchen, 1 bath, picnic area, 2 shuffleboard courts and coin operated laundry machines (Additional $1,000+/- monthly). The park is on city water and has a modern septic system where lift station pumps to a leach bed on a 1 acre adjoining piece of land. The park has historically enjoyed good occupancy levels of 95% or better. Majority of the tenants are long-term and have been there at least 12 years, as has the on-site manager. THIS IS A CONFIDENTIAL LISTING. SIGNED NDA IS REQUIRED (SEE ATTACHED).
Lot Size Dimensions
6.5 Acres

Property Features

Business Type: Commercial; Mobile/Trailer Park Current Use: Commercial; Multi-Family Road Frontage Type: City Street; Highway; Other Sale Includes: Building & Land; Business Only; Furniture, Fixtures and Equipment Sewer: Septic Tank Water Source: Public

Contract Information

Listing Contract Date
2015-04-23
Property Sub Type
Business

Location Tax and Legal

Street Number
1065
Street Direction Prefix
S
Street Name
VOLUSIA
County
Volusia
State
FL
Postal Code
32763
MLS Area Major
90 - West Volusia

Status Change Information

Major Change Timestamp
2017-07-20T18:48:12Z
Major Change Type
Status Change
Price Change Timestamp
2016-04-15T20:18:28Z
Purchase Contract Date
2016-11-15
Close Date
2017-07-20
Close Price
1440154

Income and Expenses

Gross Income
284184
Net Operating Income
185783

More Information

Historical Information

Public Historical Remarks 1
Zoning (Text): Class 4 MH Rent/Prk; Financing: Assumable Qualify, OWC - 1st; Income/Operating Inc: NOI: 185783; Included in Sale: Signs - Owned; Confidential Listing: Yes; % Occupancy: 96.00; Commercial Property Name: Orange City Mobile H; Financial Package: Yes; Franchise Opt In: No

Location, Tax, and Legal

Country
US
Parcel Number
11-18-30-08-30-0201
Tax Annual Amount
17996
Tax Year
2015
Tax Legal Description
S 212 FT EXC ST RD & N 249.77 FT ON W & 292.28 FT ON E OF S4 61.77 FT ON W & 504.28 FT ON E OF W 396.87 FT ON S OF LOT20 & N 20 FT OF LOT 21 AKA VACATED THOMPSON ST TREVASKIS SUBMB 4 PG 174 & INC N 208.72 FT OF E 208.72 FT OF LOT 19 ALLLYING IN BLK 30 ORANGE CITY MB 3 PG 86 PER OR 5265 PG 3229 & OR 5 345 PG 4229
Zoning Description
Other

Currently Not Used

Year Built
1970

Current Use

Commercial
Yes
Multi-Family
Yes

Road Frontage Type

City Street
Yes
Highway
Yes
Other
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes

Business Type

Commercial
Yes
Mobile/Trailer Park
Yes

Sale Includes

Building & Land
Yes
Business Only
Yes
Furniture, Fixtures and Equipment
Yes
Listing Office: EXIT Beach Realty
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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