For Sale
$825,000

2614 Springhill RdBonifay, FL 32425

Bonifay, FL Mobile Home Park, 10 Units

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
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
2614 Springhill Rd, Bonifay, Florida

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Contacts

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

Learn more

Useful Information

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2614 Springhill Rd, Bonifay, Florida, 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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