6751 16TH ST Zephyrhills, FL 33542

ZEPHYRHILLS - MOBILE HOME PARK - LOW TURNOVER AND A VERY STABLE MONTHLY INCOME. UNITS: #1 - MH yr 1972, #2 - MH yr 1982, #3 - MH yr 1990, ARE ON ONE SINGLE SEPTIC TANK INSTALLED IN THE LAST 12 MONTHS WITH A NEW LEACH FIELD AND #4 - frame built 1936 IS ON ITS OWN SEPTIC TANK AND COULD BE CONNECTED TO THE LARGE TANK IF NEEDED. EACH UNIT IS SEPARATELY METERED FOR WATER AND ELECTRIC. EACH UNIT PAYS $15 MONTH FOR MOWING. EACH UNIT IS ON A MONTH TO MONTH LEASE. EACH UNIT HAS A $600 DEPOSIT IN ESCROW. OWNER PAYS TAXES, INSURANCE, & UTILITY LIGHT POLE. ESTIMATED CAP RATE IS 14% WHICH MAKES FOR AN EXCELLENT PURCHASE. MH TITLES WILL TRANSFER TO NEW OWNER.
2 Bed/1 Bath occupied $650 552 sqft 1972 mh
2 Bed/1 Bath occupied $660 672 sqft 1982 mh
2 Bed/2 Bath occupied $770 708 sqft 1990 mh
1 Bed/1 Bath occupied $650 640 sqft 1936 frame hm