10432 County Road 44

    Leesburg, FL 34788
    • $1,200,000
    • STATUS: Active
    • ON SITE: 100 days
    • MLS #: O5804990
    UPDATED: 50 min ago
    $1,200,000
    • 0
      BEDS
    • 1.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,729
      SQFT
    • $322
      $/SQFT
    Neighborhood:
    Type:
    Manufactured Home
    Built:
    1951
    County:

    School Ratings & Info

    Description

    **OWNER FINANCING TERMS TO BE DETERMINED** This park has both long term rentals & waterfront VRBO rentals. Park has 11 rentals in the front of the park, owners residents in the middle and across the back fronting the marina there is two VRBO rentals waterfront. Marina can hold 10 boats easily. Great steady income and getting better as the VRBO rentals increase. Owners home has new kitchen and bathrooms, well appointed. The water way is spectacular, live here and run a successful business to any level you want. Over the past 10 years the current owner has put new services to each lot and paved all roads. New roof on main building. All major infrastructure improvements have been done. Landscaping is mature and plentiful. This investment is currently selling at a 10+% cap rate. Rent owners home, increase VRBO rentals and the income forecast is over $180,000 gross.

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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-11-21T20:40:51.847.
    www.teambohannon.com/homes/97857374

    10432 County Road 44 Leesburg, FL 34788

    • Price: $1,200,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: O5804990
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.67
    Acres
    3,729
    SQFT
    $322
    $/SQFT
    1951
    Built
    Neighborhood:
    Leesburg / Haines Creek
    County:
    Lake
    Area:
    Leesburg / Haines Creek
    Property Description
    **OWNER FINANCING TERMS TO BE DETERMINED** This park has both long term rentals & waterfront VRBO rentals. Park has 11 rentals in the front of the park, owners residents in the middle and across the back fronting the marina there is two VRBO rentals waterfront. Marina can hold 10 boats easily. Great steady income and getting better as the VRBO rentals increase. Owners home has new kitchen and bathrooms, well appointed. The water way is spectacular, live here and run a successful business to any level you want. Over the past 10 years the current owner has put new services to each lot and paved all roads. New roof on main building. All major infrastructure improvements have been done. Landscaping is mature and plentiful. This investment is currently selling at a 10+% cap rate. Rent owners home, increase VRBO rentals and the income forecast is over $180,000 gross.
    Exterior Features

    Additional Water Information Property Backs Onto Hains Creek. Fronts The Lock That Lifts Boats Up Or Down To Lake Eustis And Lake Griffin Adjoining Property CommercialHotel/MotelMulti-FamilyWaterway Construction Materials BlockOther Lot Features Near Public TransitOtherRiprarian RightsStreet LightsStreet PavedWaterfront Other Structures MaintenanceUtility Parking Features 6 To 12 Spaces Road Frontage Ft 150 Roof Metal Water Access Bay/HarborCanal - FreshwaterLagoonLake - Chain Of LakesMarina Water Access Yn Yes Water Body Name Hains CreekLake Griffin Water Extras DavitsDock - ConcreteDock - OpenDock - WoodDock W/ElectricDock W/O ElectricLockNo Wake Zone Water Extras Yn Yes Water Frontage Feet Lagoon 200 Water Frontage Feet River 200 Water View LagoonMarinaRiver Waterfront Features LagoonRiver Waterfront Feet Total 400 Waterfront Yn Yes

    Interior Features

    Ceiling Type Drywall Cooling Central AirWall/Window Unit(S) Flooring CarpetCeramic TileEngineered HardwoodOther Heating CentralElectricOtherSpace Heater Numof Offices 1 Sewer Private SewerSeptic Tank

    Property Features

    Additional Parcels Yn No Annual Expenses 41463 Business Type CommercialMarine/MarinaMobile/Trailer Park Electric 100 Amp Service150 Amp ServiceGenerator HookupOtherSeparate Meters Financing Terms Owner Flood Zone Code Ae Miscellaneous Common LightingDumpstersOtherOutside Storage Miscellaneous2 BathroomsFencing Net Operating Income 121637 New Construction Yn No Property Condition Completed Property Sub Type Multi-Family Realtor Info No SignRight Of First RefusalSee AttachmentsSurvey Available Security Features Closed Circuit Camera(S)Fire AlarmSecurity LightsSmoke Detector(S) Special Listing Conditions None Tax Annual Amount 5883.00 Tax Year 2018 Total Num Buildings 14 Utilities OtherPrivate Zoning C-1


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Glasbridge Llc.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-11-21T20:40:51.847.
     
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