13730 NW 140th St - Manufactured Housing/Mobile Housing FOR SALE
Alachua, FL 32615 |
$750,000 USD
904-569-6738
13730 NW 140th St
Alachua, FL 32615
HIGHLIGHTS
- Income-Producing Mobile Home Park – 8 mobile homes plus 1 single-family residence on a single parcel.
- Owner Financing Available – Attractive seller terms with 3.5% interest, no prepayment penalty.
- Strong Value-Add Upside – Currently 6 units occupied with rents at $5,600/month and clear path to stabilize at $9,358/month.
- Excellent Cash Flow Potential – Stabilized NOI of $95,704/year
- City Utilities with Separate Meters – City water and sewer with individual electric and water meters for all units.
- Desirable Alachua County Location – Positioned near Gainesville with steady rental demand and long-term growth drivers.
OVERVIEW
Address: 13730 NW 140th St Alachua, FL 32615
County: Alachua County
Zoning: RSF-3
Parcel ID: 03926-000-000
Building size: 7,512 sqft total
Land size (acre): 1.59
Layout: 8 Mobile Homes & 1 SFR
Septic: Connected
Water: City Water | Separate Meters
Electric: Connected | Separate Meters
Road Access: Yes
Opportunity zone: False
Investment Highlights
Rent Info:
Potential Gross Rent: $9,358.70/month
Potential NOI: $95,704.40
Asking price:$750,000 with OWNER FINANCING option
Down Payment: $365,000 (due at closing)
Note: $385,000
Payments to Seller: $1,728.8 ($20,745.9 per year)
Interest Rate: 3.5% with a 7-year balloon
Amortization period: 30 Years
No prepayment Penalty
FOR SALE DETAILS
PRICE
$750,000 USD
PRICE/SF
$100 USD /SF
# OF UNITS
9
PRICE/UNIT
$83,333
CAP RATE
Request Cap Rate
% LEASED
60%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mobile Home Park | Alachua, FL 32615
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.56 AC
LAND SF
68,125 SF
ZONING
RSF-3
APN/PARCEL ID
03926-000-000
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904-569-6738
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904-569-6738
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