10446 COUNTY ROAD 44, Leesburg, FL 34788
10446 COUNTY ROAD 44, Leesburg, FL 34788
10446 COUNTY ROAD 44, Leesburg, FL 34788
10446 COUNTY ROAD 44, Leesburg, FL 34788
10446 COUNTY ROAD 44, Leesburg, FL 34788
10446 COUNTY ROAD 44, Leesburg, FL 34788
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$ 875,000
Est. payment | /mo

9,832 SqFt


$ 875,000
Est. payment | /mo

9,832 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 9,832 sqft

Price per Sqft $88

MLS Listing ID O6384624

HOA Y/N No

Year Built 1983

Annual Tax Amount $11,234

Lot Size 1.410 Acres

Acres 1.41

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

This is a rare opportunity to own this park, it has not been for sale sense 1971. There is 22 sites.
Currently 14 mobile homes on sites owned by the park, there is one block cottage and one block utility building for well equipment.
The park is on a well, well services and equipment are new or newer. Park has chlorinator system so the water is clean and drinkable, no iron in the water. Water services are managed by water utility company.
Park fronts County Road 44, Dura Stress Concrete is a 1000 feet down the road, and is one of the larger employers in the area. This is what keeps the park full with tenants.
Rents in the area go for as high as $1,300. monthly, tenant pays their own electric and WIFI.
The park is being renovated, current management is managing the repairs remodel.
Price reflects current conditions and price will go up as each unit goes back into service.
Park is close to all stores like Publix, Dollar general in walking distance, Lowes and many restaurants are within 4 miles. Great central area. Boat docks available to rent next door.
Owner will hold private mortgage, interest only 7%, two year first term, 35% down, second 2 year term 8% interest only and additional 10,000. down at renewal, no prepayment penalty

Currently there is 8 units rented.

Park has all new paving

OWNER IS LICESENED REALTOR

Location

State FL

County Lake

Area 34788 - Leesburg / Haines Creek

Zoning R-6

Interior

Cooling Central Air, Other, Wall/Window Unit(s)

Exterior

Utilities Available Other

View Y/N Yes

Water Access No

Roof Type Other

Exposure North

Building

Lot Description Corner Lot

Story 1

Foundation Block, Other

Lot Size Range 1 to less than 2

Structure Type Block

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Other, Owner Financing

Listing Terms Cash, Other, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6384624

Stellar MLS
Listed by Travis Sawchuk GLASBRIDGE LLC

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Jason Hanson

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10446 COUNTY ROAD 44