6026 Dome Level Road

Multi-Family for Sale
Catylist Listing ID: 30211458
Property Subtypes: Mobile Home Park, Other
Number of Units: 16 Units
Building Size (RSF): 15,580 SF
Gross Land Area: 5.23 Acres
Sale Price: $425,000
Unit Price: $26,562.50 Per Unit
Property Use Type: Investment
Building Name: Barineau MH Park
Usable Size (USF): 15,580 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/23/2020

Overview / Comments

This multi-family property includes 20 mobile home sites with 15 park owned mobile homes, plus the Seller's personal residence. The property has a variety of single, double and triple wide mobile homes. There are also excess lots for rental or to add more housing.

This property is located off of Dome Level Road in Tallahassee on two parcels for a total of 5.23 acres.

22 mobile home sites with 15 park owned mobile homes
Single, double and triple wide mobile homes
Clean park with positive cash flow and stable tenancy
50+ parking spaces available
Excess lots for rental or to add more housing
Extra: Includes owner’s triple wide in addition to 15 mobile homes - possible upside of $10,800 annually or live on site

Additional Details

Nearest MSA: Tallahassee
County: Leon
Taxing Authority: Leon County
Tax ID/APN: 21-30-20-647-0000 and 21-30-20-618-0000
Zoning: MH1
Percent Occupied: 100%
Community Amenities: On-Site Maintenance
Property Located Between: Dome Level Road and West Tennessee Street
Highway Access: US Hwy 90 (West Tennessee Street) and Hwy 20.
Airports: Tallahassee Regional Airport
Site Description: Level, Flat site with good drainage. The MHs are all serviced by septic systems, but the density could be doubled if added to the City's sewer service, which is currently available.
Area Description: West Tallahassee
Property Condition: Average
Laundry: Laundromat Nearby
Heat Type: Electricity
Heat Source: Wall Units, Heat Pump
Fuel: Electric
Air Conditioning: Package Unit, Window Unit
Internet Access: Cable, DSL
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,706 30,036 106,820
Median Age: 31.71 25.43 27.82
Households: 1,098 12,389 41,611
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