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  • Price$525,000

621 Live Oak Street St, FREEPORT

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

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Essential Information

  • MLS® #950121
  • Price$525,000
  • Acres0.00
  • TypeCommercial Sales
  • StatusActive

Additional Information

  • Days on Website79

Community Information

  • Address621 Live Oak Street St
  • AreaFreeport
  • CityFREEPORT
  • CountyWALTON
  • StateFL
  • Zip Code32439

Listing Details

  • Listing OfficeTaylor Allen Properties LLC
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