The property is beautifully wooded, with a canal that runs along the northside. 11 MH/RV's are Park owned.
Avon Park, in Highlands County, is on the southern end of Florida's central ridge. Dotted with citrus groves and freshwater lakes, the area is attractive to both permanent and part time residents.
Lakefront park consisting of 9 site built units (two triplexes, a duplex and a cottage), along with 28 MH/RV sites. 160 ft. on scenic Bonnett Lake. Gross potential income of $130,000-. Estimate NOI to be $70,000- or so at 85% occupancy.
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Amenities
Within Facility
No. Spaces 37 Cap Rate 9%
Property Type Multifamily Gross Rent Multiplier 6.50
Property Sub-type Mobile Home/RV Community Lot Size 3 AC
Property Type Multifamily Gross Rent Multiplier 6.50
Property Sub-type Mobile Home/RV Community Lot Size 3 AC