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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
Lot Size Dimensions
6.5 Acres
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).

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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