621 Live Oak Street St, FREEPORT

$525,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS. Cal me for additional details. Value Add - 4 of 6 leases are on month to month leases at below market rates.Gross Rents are $63,300; Annual expenses $10,891: Net Operating Income $52,409

Essential Information
MLS® #950121
Price$525,000
Acres0.00
TypeCommercial Sales
StatusActive
Community Information
Address621 Live Oak Street St
AreaFreeport
CityFREEPORT
CountyWALTON
StateFL
Zip Code32439
Additional Information
Days on Website31
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of Taylor Allen Properties LLC. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on June 16th, 2024 at 7:30pm CDT.

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