Wholesale Cash Flowing Turnkey

DISCOUNTED OFF MARKET TURN KEY MOBILE HOME PARKS

Monticello, AR 71655, USA 0

$400,000 After Repair Value -
$221,000 Asking Price -
$0 Cost of Repairs =
$179,000 Potential Profit

Property Details

Asking Price $221,000

After Repair Value $400,000

Costs of Repairs $0

Potential Profit $179,000

Living Area N/A

Property Type Commercial Property

Bedrooms +7

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

5 Unit Mobile Home Park
Monticello, AR 71665
$221,000
By Assignment Only

Contact Jennifer for more information, pictures or to make an offer at 850.684.4414
Investment Benefits
Net Operating Income $26,400
24% Cash On Cash Return
5 Year ROI- 40%
Turn Key Ready
Large Equity
Room to Increase Rents
Building Class: C
Location Class: C

25 Units(Lots)
Rented 20
Vacant 5
80% Occupancy
Cap Rate
Market 9%
Pro Forma 11.9%

Annual Income: $48,000
Expenses and Vacancies:-$21,600
Net Operating Income: $26,400
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Market Package Link - Properties Link -

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Michael Garrison

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