Ponce Realty Inc.

$750,000
Daytona Beach, FL 32117
MLS# 1039247



Daytona Beach, FL 32117
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Property Description
This unique investment opportunity in the Heart of Daytona Beach, FL. Hillside Mobile Home & RV Community consist of (23) spaces total well know for it's quiet park setting and the added benefit of being centrally located along one of the few major corridors that runs all the way through from the Intracoastal Waterway, West to the rapidly growing (I-95) and LPGA Exit. The park offers a community laundry, with a mix of manufactured homes, RV’s and (3) concrete block rental homes. All units are sub-metered with utilities provided by the city of Daytona Beach. The park septic system has been repaired and replaced though the years with industry standard PVC piping and a consistent maintenance history. The park has implemented and established Rules

Details
Contract Information
List Price: $750,000
Current Price: $750,000
As Is Cond: Yes
Location, Tax & Legal
Area: 42 - LPGA to Granada, W of Nova & E of 95
County: Volusia
State/Province: FL
Zip Code: 32117
Year Built: 1970
Style: Business Opportunity
Tax ID: 424401050024
Homestead Exempt: No
General Property Description
Commercial Property Type: Multi-Family-Commercial
Business Income/Oppty: Mobile Home Park
Commercial Property Name: Hillside
Financial Package: Yes
% Occupancy: 100
Total # Units: 23
Zoning: Other
Zoning (Text): 2804 Class 4 MH Rntl
Road Frontage: 200
Depth: 200
Special Contingency: No
Highway Access: Yes
Road Type: Paved
Current Use: Mobile Home Comm
Current # Tenant: 21
Franchise Opt In: No
Status Change Info
Status: Active
Property Features
Supplements
& Regulations with both long & short term tenancy options, a experienced on-site manager with 12+ years overseeing the park and ensuring all new tenants are properly vetted ensuring a safe and stable community. A few new mobile homes have been brought in within the past year, The roads have been cleaned up, as well as many other improvements to date with in progress. The park was established in the 1970's and sustained historically high occupancy and low turnover since the current owner purchased it in 2004. With the shortage of safe and affordable housing in the Greater Daytona and surrounding areas puts Hillside Community at the top of the list of most desirable places to live. The park fronts LPGA Blvd, the major East/West corridor, just a short distance from the LPGA/I-95 Intersection providing easy access to all of the new and exciting entertainment options and new developments planned over the next few years. Agent Info: This is a confidential listing (NDA Required). Please do not disturb management or tenants. Please contact: Robby Cloar for listing information. Cell: 386-295-3293 Email: Closewithcloar@gmail.com Showing Instructions: This is a confidential listing (NDA Required). Please do not disturb management or tenants. LA must accompany after (NDA) and buyer qualified.

Listing Office: EXIT Beach Realty

Last Updated: March - 20 - 2018

Listing data provided by the Daytona Beach Area Association of REALTORS®' Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.

Wednesday 26th of September 2018 02:30 PM