10446 County Road 44, Leesburg, FL 34788

$875,000
9,832
SqFt

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List Price
$875,000
Status
Active
Days on Market
8
MLS#
O6384624
Property Style
Multi-Family 5+
Year Built
1983
Living Area
9,832
Lot Size
61,317
Acres
1.41
Total Acreage
1 to less than 2
Development Name
Shady Nest Mobile Home Park
MLS Area Major
Leesburg / Haines Creek

Property Description

This is a rare opportunity to own this park, it has not been for sale sense 1971. There is 22 sites. Currently 14 mobile homes on sites owned by the park, there is one block cottage and one block utility building for well equipment. The park is on a well, well services and equipment are new or newer. Park has chlorinator system so the water is clean and drinkable, no iron in the water. Water services are managed by water utility company. Park fronts County Road 44, Dura Stress Concrete is a 1000 feet down the road, and is one of the larger employers in the area. This is what keeps the park full with tenants. Rents in the area go for as high as $1,300. monthly, tenant pays their own electric and WIFI. The park is being renovated, current management is managing the repairs remodel. Price reflects current conditions and price will go up as each unit goes back into service. Park is close to all stores like Publix, Dollar general in walking distance, Lowes and many restaurants are within 4 miles. Great central area. Boat docks available to rent next door. Owner will hold private mortgage, interest only 7%, two year first term, 35% down, second 2 year term 8% interest only and additional 10,000. down at renewal, no prepayment penalty Currently there is 8 units rented. Park has all new paving OWNER IS LICESENED REALTOR

Additional Information

Taxes
$11234
Location
Corner Lot
Community Features
No Deed Restriction
Zoning
R-6
Utilities
Other
Air Conditioning
Central Air, Other, Wall/Window Unit(s)
Exterior Construction
Block
Roof
Other
Foundation
Block, Other
Pool
No Pool
Water View
Canal, Creek, Lagoon
Flood Zone Code
x
Parcel ID
02-19-25-0002-000-01200
Legal Description
E 150 FT OF NE 1/4 OF NW 1/4 S OF HWY & N OF A LINE PARALLEL TO & 50 FT NW'LY FROM THE FOLLOWING DESC LINE: BEG AT NE COR OF NE 1/4 OF NW 1/4 RUN S ALONG MID-SEC LINE 528.25 FT S 41DEG 38MIN 40 SEC W TO N BDRY OF HAINES CREEK ORB 1108 PG 109

Listing courtesy of GLASBRIDGE LLC. 407-704-6848

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