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.
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
Owner options
What's special
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#: L4929965
Originating 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