4233 Gall Blvd - Manufactured Housing/Mobile Housing FOR SALE
Zephyrhills, FL 33542- Zephyrhills Area |
$1,300,000 USD
228-669-7114
4233 Gall Blvd
Zephyrhills, FL 33542
Zephyrhills Area
HIGHLIGHTS
- 71% occupied with 4 vacant lots offering near-term path to full occupancy and increased income.
- Seller pays market rent for 4 vacant lots during first 3 months of ownership.
- 100% park-owned homes — full control over both lot rent and home rent income.
- Offered at $1,300,000, or $92,857 per unit on a 14-lot, 9,050 SF community.
- In-place NOI of ~$128,512 grows to ~$142,291 on a Year 1 Adjusted basis.
- 9.89% in-place cap rate grows to 10.95% Year 1 Adjusted and 11.15% stabilized.
FOR SALE DETAILS
PRICE
$1,300,000 USD
PRICE/SF
$867 USD /SF
# OF UNITS
14
PRICE/UNIT
$92,857
CAP RATE
9.89%
% LEASED
71%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
4233 Gall Blvd
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
ADD'L SUBTYPES
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.72 AC
LAND SF
31,363 SF
ZONING
C2
APN/PARCEL ID
14-26-21-0070-00B00-0010,14-26-21-0070-00B00-0050,14-26-21-0070-00B00-0161
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228-669-7114
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228-669-7114
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