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

Sale Details

Date 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

2.08 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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