Under contract-accepting backup offers. Rare opportunity, 31 pad RV park on 9+ acres plus 4 duplexes consisting of 7 efficiency apartments and an office. There is a small commercial building directly on US 41 which could possibly be used for a used car lot or other similar business. So many opportunities to increase the already significant rental income including RV storage. Owner owns 11 park models leaving 20 which are pad rent only. Individual electric metered, several septic systems all well maintained. New well fixture just recently completed which supplies water to entire property. See attached flyer, 2023 rent roill and forward-looking ProForma for additional details.
18309 Us Highway 41, Spring Hill, FL, 34610
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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