2395 N Woodland Boulevard, Deland, FL 32720

$1,900,000

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Sold Price
$1,900,000
List Price
$2,100,000
Status
Sold
Days on Market
107
Closing Date
Dec 17, 2024
MLS#
O6235616
Property Style
Multi-Family
Year Built
1996
Lot Size
186,470
Acres
4.28
Total Acreage
2 to less than 5
Development Name
Sago Mobile Home Park
MLS Area Major
Deland

Property Description

Mobile Home Park in Deland FL. 27 LOTS total. 13 Existing Park owned mobile Homes & 14 Vacant Lots. Annual Rental Income of $217,920. Fully developed mobile home park on over 4 acres of land. 3.5 Acre Adjoining parcel may also be purchased as a separate transaction. FINANCING OPTIONS AVAILABLE 25% down  /  7-9%  rate  /  5 year term  /  25 year amortization Current MONTHLY RENTAL INCOME of $18,160 with value add opportunity up to 14 additional rental units. Current monthly rental income of $18,160. Annual Rental Income $217,920. $13,774 2023 Real Estate Taxes.  $4,968 Insurance Annual expense.  $2,160 Garbage & Dumpster Annual expense.  $6,000 Lawn Care Annual expense. Tenants pay their own utilities (electric, water, and propane). Public water and public sewer.

Additional Information

Taxes
$14054
Community Features
No Deed Restriction
Zoning
MH-1C
Air Conditioning
Central Air, Other
Exterior Construction
Other
Foundation
Other
Pool
No Pool
Flood Zone Code
X
Parcel ID
29-16-30-00-00-0130
Legal Description
29-16-30 S 130 FT MEAS ON OLD ST RD & 585.20 FT ON E/S OF GOVT LOT 4 E OF OLD ST RD & INC TRIANGLE IN GOVT LOT 6 NE OF ST RD BEING N 150 FT ON OLD ST RD TO A POINT AT THE NE CORNER OF GOVT LOT 6 EXC NEW R/W PER OR 5036 PG 3325 PER OR 7202 PG 1101 PER OR 7860 PG 2099 PER OR 7993 PG 2579

Listing courtesy of SLOANE REALTY, LLC. 407-829-2418

Selling Office: SLOANE REALTY, LLC.

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