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5035 N Main Street - Gateway Trailer Park, Jacksonville, FL
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5035 N Main Street - Gateway Trailer Park
Jacksonville, FL 32206-1478 - Panama Park MF Submarket
Number of Units:
6.25 AC (272,250 SF)
For Sale Price:
Property Description: Mobile Home Park
Property Use Description: Mobile Home Park
High visibility on Main St . Rare park close to downtown Jacksonville.
Property consists of 97 total spaces and a 2900sf Warehouse with office. 53 trailer homes are tenant owned, the remainder are park owned.
Excellent upside potential with 14 open lots and 15 down trailers. Gross income was $ 271,771.00 for Jan-Dec 2013, equating to approx 8% CAP on only 73% occupancy.
Also a great multifamily redevelopment candidate. Property is located in HUD QCT and qualifies for senior or family LIHTC development per 2013 Duval LDA map.
Owner is willing to hold financing for qualified prospects with a substantial down payment.
Main St is a major artery to downtown Jacksonville. AADT 14,000.
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FOR SALE CONTACTS
Warren & Company
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