NOT LISTED FOR SALE
-- Bed
-- Bath
5,764 Sq Ft
2.08 Acres

Last Sold May 24, 2019

Last sale price $300,000 $52 Per Sq Ft

137 Days on Market

Highlights

  • 400 Feet of Waterfront
  • View of Trees or Woods
  • No HOA
  • Home fronts a pond
  • 2.08 Acre Lot
  • Oversized Lot

About This Home

As of May 2019

Instant income, turn key 2 acre "Sunset Lake" Mobile Home Park with 6 units. Current CAP rate of 10 with only 5 rented, 6th is is undergoing renovation. CAP goes to 12.6 once a tenant is obtained, and over 13.5 with projected 2019 rent and expense increases. Long term tenants, 2 are Sec 8. Realistic potential for growth by adding more mobile units.

Last Agent to Sell the Property

Brian Pfister

RE/MAX SUNSET REALTY License #3040827 Listed on: 08/17/2018

RE/MAX SUNSET REALTY

Last Buyer's Agent

Lane Pfister

LANE PFISTER License #6003364

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,585

Year Built

  • Built in 1977

Lot Details

  • 2.08 Acre Lot
  • Home fronts a pond
  • 400 Feet of Waterfront
  • Oversized Lot
  • Level Lot
  • Irregular Lot

Property Views

  • Pond
  • Woods

Home Design

  • 5,764 Sq Ft Home
  • Shingle Roof
  • Built-Up Roof
  • Metal Roof

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Septic Tank

Additional Features

  • Range
  • Access To Pond

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 6 Units
  • Sunset Lake Mobile Condos
  • Gulf Coast Acres Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $55,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,585

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Multi-Family
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 5764
  • Lot Size Acres: 2.08
  • New Construction: No
  • Year Built: 1977
  • Lot Size Sq Ft: 39606
  • Tenant Pays: Electricity
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=W7804088&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=W7804088&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Property Description: In M/H Community
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.91185
  • Price per Sq Ft: 52.05
  • Close to Original List Price Ratio: 0.91185
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Thermostat
  • Appliances Included: Range
  • Spa Yn: No
  • Number Of Buildings: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Built-Up, Metal, Other, Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: Yes
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12101C0181F
  • Waterfront Frontage: 400
  • Water Frontage Feet Pond: 400
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Senior Community: No
  • Deposits Y N: No
  • Complex Community Name NCCB: SUNSET LAKE MOBILE

Lot Info

  • Zoning: C2
  • Parcel Number: 26-24-16-0170-00300-0020
  • Additional Parcels: No
  • Lot Features: In County, Irregular Lot, Level, Oversized Lot
  • Lot Dimensions: 1RR
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-09-26
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Restrictions: Per Owner Approval

Multi Family

  • Gross Income: 55800
  • Number Of Units Total: 6
  • Waterfront Features: Pond

Tax Info

  • Tax Annual Amount: 2585
  • Tax Block: 3
  • Tax Book Number: 5-84
  • Tax Lot: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $300,000 -8.8% $52 / Sq Ft
01/08/2019 01/08/19 For Sale $329,000 0.0% $57 / Sq Ft
01/01/2019 01/01/19 Pending -- -- --
08/17/2018 08/17/18 For Sale $329,000 -- $57 / Sq Ft
Source: Stellar MLS

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7804088

Stellar MLS