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Lot For Sale
621 Live Oak Street Street
Freeport, Florida 32439
Walton CountyCommunity:
$510,000
0.000 acres
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
- Lot Size: 0.000 acre
- Lot Dimensions:
- View Types:
- MLS #: 950121
Contact Information:
 | Call now 1-855-943-4259 |
Listing Agent: Brett D Stuart, Taylor Allen Properties LLC, 850-259-2894, 850-259-2894
Listing Site, Listing Status: Active
Copyright © 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5211231
Viewed 31 times.
Updated: Sep 16, 2024
