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621 Live Oak Street Street

Freeport, FL 32439
  • $510,000
  • STATUS: Active
  • ON SITE: 168 Days
  • MLS #: 950121
UPDATED: 76 min ago
$510,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS. Cal me for additional details. Value Add - 4 of 6 leases are on month to month leases at below market rates. Gross Rents are $63,300; Annual expenses $10,891: Net Operating Income $52,409

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© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2024-11-02T16:00:54.707.
Vendor Member #28178.
www.thecoastalconnectionpropertysearch.com/homes/150654807
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621 Live Oak Street Street Freeport, FL 32439

  • Price: $510,000
  • Status: Active
  • On Site: 168 Days
  • Updated: 76 min ago
  • MLS #: 950121
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Freeport
County:
Walton
Area:
Freeport
Property Description
Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS. Cal me for additional details. Value Add - 4 of 6 leases are on month to month leases at below market rates. Gross Rents are $63,300; Annual expenses $10,891: Net Operating Income $52,409
Exterior Features

Waterfront Features []

Property Features

Business Name Magnolia Court New Construction YN No Property Condition Existing Special Listing Conditions []

Listing courtesy of Taylor Allen Properties LLC: 850-259-2894.


© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2024-11-02T16:00:54.707.
Vendor Member #28178.
 
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