Now available: Sunnyvale Mobile Home Park in Marion County, Florida. This neat and well-maintained, 15 lot, fully-occupied park is not to be missed. Attractively priced with many value-added features. In this offering there are 11 park-owned homes (POH’s), 1 duplex with two well-equipped 1,200 SF units, and two stand-alone efficiency units. Additionally, there is a lot in the front that has homesite potential and 2 additional mobile home sites approved by Marion County Health Department. Current NOI is $121,050 with a 7.6% CAP. With increased rents, the NOI is $148,350 with a 9.3% CAP. Sunnyvale is 8.37 acres, on well and septic and located in Belleview, Florida which is the center of the Ocala Metro, named the 10th safest place to live, 6th fastest growing and 16th best place to retire by US News and World Report.
12158 SE 84th AVENUE, Belleview, FL, 34420
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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