344-380 San Jose ST, North Fort Myers, FL 33903

$1,295,000

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List Price
$1,295,000
Listing Price
$1,295,000
Price Change
▼ $100,000 1776737435
MLS#
2026009467
Status
ACTIVE
Property Class
Commercial
Status Type
Resale Property
County
Lee
Region
FN05 - North Fort Myers Area

Property Description

Mobile Home Park with up to 23 units is a mixture of park owned lots, tenant owned homes and undeveloped lots. 16 of the 23 lots currently have homes on them - 7 are park owned homes and 9 are tenant owned homes. The current price reflects the AS IS condition of the current operating entity of 16 units. The remaining 7 lots are undeveloped and is potential future upside for the buyer. The 7 park owned homesites include: one 3 bed /1 bath; four 1 bed/1 bath; and two 2 bed/1 bath. Stable tenant base. Tenants are screened and there are currently no delinquent accounts. Most residents pay rent through platforms such as Zelle, Cash App, or Venmo. Gross income is close to $145,000 per year. Expenses approx $18,000 per year. Owner/operator. Most of the Park owned homes are remodelled. 14 septic systems on the site - all are functioning with no issues. All tenants pay their own electric; all tenants except 3 pay their own water. PUBLIC WATER. Great opportunity for an experienced Mobile Home Park Operator or someone that is looking for a great cash cow opportunity and perhaps even live on the site. Plenty of upside - several rents are under current market rates and there is an opportunity to develop the additional 7 lots. Includes 322 MONTEREY ST NORTH FORT MYERS FL 33903 - STRAP: 34-43-24-02-00020.0150. PLEASE DO NOT DISTURB TENANTS -- Agent will meet you at the property. Rent Roll and expense summary attached to MLS.

Additional Information

Year Built
1970
Waterfront Description
None
Acres
2.65
Tax Year
2025

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Calculator source: Real Geeks

Courtesy of KW Florida Living.

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