For Sale
$825,000

2614 Springhill Rd Bonifay, FL 32425

Bonifay, FL Mobile Home Park, 10 Units

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 10-unit mobile home park in Bonifay, Florida, presents a compelling value-add investment opportunity. Priced at $825,000, this Class B property boasts a strong 7.13% cap rate and a current NOI of $58,784. The park is 100% occupied with long-term tenants, offering immediate cash flow. The ten pads are each home to a park-owned mobile home

Highlights

  • 100% occupancy with long-term tenants.
  • Ten park-owned mobile homes (two 3/2, eight 2/2).
  • Adjusted NOI of $58,784.

Property Details for 2614 Springhill Rd

Property type
Mobile home & RV parks
Class
B
Units
10

Location Insight

City
Bonifay
County
Holmes
State
Florida
Latitude
30.7558761
Longitude
-85.712975

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FAQs

What type of property is this?
Mobile home & RV park - Bonifay, FL Mobile Home Park, 10 Units
Where is the mobile home & rv park located?
The property is located at 2614 Springhill Rd Bonifay, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 100% occupancy with long-term tenants.; Ten park-owned mobile homes (two 3/2, eight 2/2).; Adjusted NOI of $58,784.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Mark Griffin, CCIM
Mark Griffin, CCIM
Nick Denbow
Nick Denbow

Learn more

Useful Information

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Springhill Rd
Bonifay, FL 32425

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Springhill Rd
Bonifay, FL 32425

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

2614 Springhill Rd
  • Mark Griffin, CCIM
    Mark Griffin, CCIM
  • Nick Denbow
    Nick Denbow
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