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Sold for $620,000 on 08/14/24
  • $620,000

    1131 McCampbell Rd, Auburndale, FL 33823

    --beds
    0baths
    11,464sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $1,179,600 Zestimate®
    $54/sqft
    $1,312 Estimated rent

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    $1,312/mo

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    $1,312/mo

    Rent Zestimate®

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    $3,949/mo

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    $3,949/mo

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    What's special

    Multiple offer Received. Please note income and expenses have been revised as of 9/1/2022. Over 13% CAP RATE AT CURRENT RENTS. 50% down private financing now available. Rent roll and income & expense statement available. 18 units! One 6,000sf commercial warehouse and an 8 unit RV Park and a 9 unit Mobile home park all on one tax ID parcel. Rents are under market value and can be increased in current condition. Commercial Bldg: $1,500/month. (Market rate $2500-$3000+), 1 Billboard $100/mo Market rate is $300. 8 RV's = $4,383/mo, Nine Mobile Homes: $4,450/mo. RV and Mobile home Rents could be raised 5-10% in current condition. Gross Monthly Income: $10,433.32 with room to increase without doing improvements. All except 2 mobile homes are owned by park. One private well located in commercial building supplies water to all. Septic System has been maintained and works well. CASH ONLY or hard money only. 5 day inspection period max. Commercial Building, Septic and Well are available for inspection with accepted offer. The RVs and Mobile Homes are older and no value has been added to the listing price for them. Escrow deposit is 5% minimum and must be paid within 48 hours of accepted offer. No Finance and/or Appraisal Contingencies. Escrow Deposit is non refundable after inspection period. All leases are verbal and on month to month. What you see is what you get. Experienced Mobile Home Park owner/operators offers preferred. Do not disturb tenants. Rare opportunity! Submit your highest and best offer with terms as stated above.

    Zillow last checked: 8 hours ago

    Listing updated: December 30, 2022 at 04:02pm

    Listing Provided by:

    Steven Burnett 863-529-8670,

    NUGGET REALTY 772-249-4705

    Bought with:

    Alan Thompson, Sr, 444146

    KELLER WILLIAMS ON THE WATER

    Source: Stellar MLS,MLS#: L4929965MLS LogoOriginating MLS: Lakeland

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central, Electric, Wall Units / Window Unit
    Cooling
    • Central Air, Wall/Window Unit(s)
    Features
    • None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 11,464 sqft

    Property

    Features
    • Exterior features: Lighting
    Lot
    • Size: 2.09 Acres
    • Dimensions: 115 x 200
    Details
    • Parcel number: 252818000000032010
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Metal Frame, Metal Siding, Other
    • Foundation: Crawlspace
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: BB/HS Internet Available, Electricity Connected

    Community & neighborhood

    Location
    • Region: Auburndale
    • Subdivision: ACREAGE

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 10433

    Other

    Other facts
    • Listing terms: Cash,Private Financing Available,Special Funding
    • Ownership: Fee Simple
    • Road surface type: Other
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    Estimated market value
    $1,179,600