Creighton Mobile Home Park

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30753924
Property Subtypes: Mobile Home Park
Status: Pending
Number of Units: 16 Units
Building Size (RSF): 1,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.81 Acres
Sale Price: $765,000
Unit Price: $47,812.50 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 7.5%
Last Updated: 9/7/2021

Overview / Comments

Beck Partners is pleased to present for sale, Creighton Mobile Home Park in Pensacola Florida. This park is ideally located within close proximity to I-10, Pensacola International Airport, Cordova Mall, Sacred Heart Hospital and many other major employers. Within 1.5 miles there are several national retailers including Walmart, Winn Dixie, and McDonalds. Creighton MHP features 16 lots that are 100% occupied with 14 mobile homes and 2 long term RVs. All homes are tenant owned and are serviced by public utilities that are sub-metered and billed back to the tenant leaving very little maintenance and expense for the owner. There is upside opportunity for a Buyer to continue raising the rents to market rate.

Public Water and Sewer
All Tenant Owned Homes
Located Close to Major Employers
14.4% Annual Rent Growth in Pensacola Market 2020-2021

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 091S293001002005
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,039 39,341 102,911
Median Age: 42.14 40.77 38.6
Households: 4,057 17,619 42,161

Contact

Photograph of Listing Agent

Jared Jackson

Beck Partners CRE, LLC TALrex.com Member
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