208 Casper Drive, Fort Walton Beach, FL 32547
sale
$875,000
|
Other
Courtesy Of Livin Right Real Estate
Opportunity to acquire a well-established mobile home park offering a strong combination of consistent income, long-term tenant stability, and potential for future revenue growth. The property has demonstrated a solid operating history with steady occupancy and an established tenant base. Current rental rates provide attractive income while also presenting potential opportunity for future rate adjustments as market conditions allow, giving an investor the ability to enhance performance over time. Many of the individual units have benefited from renovations, upgrades, and ongoing improvements during the current ownership. The property has been professionally maintained and managed, with an emphasis on preventative maintenance, responsible operations, and preservation of the asset. One of the property's greatest strengths is its relatively straightforward operating structure. With limited common-area requirements and manageable ongoing upkeep, the community offers an appealing expense profile compared with many other residential investment properties. Detailed ownership records have been maintained, including income history, maintenance schedules, unit improvements, and renovation records, providing prospective investors with valuable insight into the property's historical operations and performance. For an investor seeking long-term residential income, this property offers an attractive combination of established cash flow, proven operating history, manageable expenses, a and potential for additional income growth. Financial information, rent rolls, renovation history, and additional property details are available to qualified prospective purchasers.
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Property Features
- Legal Description: BEG NE COR OF NW1/4 OF NE1/4 GO W 300 FT THC S 343 FT TO POB THC S 193 FT THC E 135 FT THC N 193 FT THC W 135 FT TO POB
- MLSID: 1011925
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