138 Atkinson Street, Cocoa, FL 32922

$750,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/970387

Property Type: Residential Income Square Footage: 8,000 Lot Size (sq. ft.): 87,120 Status: Closed

Current Price: $750,000 List Date: 7/19/2023 Last Modified: 10/23/2024

Overview

Description

Incredible investment opportunity! This thriving mobile home park boasts seven trailers and three single family homes. It currently generates $105K annually with potential to gross over $150K a year. Occupied by reliable tenants, this property is high, dry and well kept. There are two available slots that are ready for more mobile homes. This listing consists of 2 one acre lots. One lot consists of six trailers and a 3/1 single family home. The other acre lot includes two single family homes as well as a trailer. There is a 4/2 SFH that needs TLC. All tenants are paying month to month. The potential growth is tremendous. Don't miss out on this lucrative business venture.

Listing Details MLS# 970387

General Property Information

Number Of Buildings: 10
Number Of Units Total: 10
Living Area Source: Public Records
Building Area Total: 8000
New Construction YN: No
Year Built: 1954
Garage YN: No
Lot Size Acres: 2
Association YN: No
Property Use: 4890
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Pool Private YN: No
Senior Community YN: No
Lot Size Square Feet: 87120
Carport YN: No
Use Code: 28 / MANUF. HOUSING

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Frame; Wood Siding; Other Cooling: Wall/Window Unit(s) Current Use: Multi-Family; Residential Flooring: Laminate; Vinyl Heating: Electric Laundry Features: Electric Dryer Hookup Listing Terms: Cash; Lease Purchase; Private Financing Available Lot Features: Cul-De-Sac Owner Pays: Grounds Care; Insurance; Pest Control; Sewer; Taxes; Trash Collection; Water Parking Features: Carport; RV Access/Parking Pool Features: None Roof: Metal; Shingle Sewer: Septic Tank Special Listing Conditions: Standard Utilities: Water Available Water Source: Public Showing Considerations: Occupied Showing Requirements: Call Listing Office; No Sign

Contract Information

OriginalListPrice: 1500000
Listing Contract Date: 2023-07-18
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 138
Street Name: Atkinson
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32922
MLS Area Major: 212 - Cocoa - West of US 1

Remarks and Miscellaneous

Public Remarks: Incredible investment opportunity! This thriving mobile home park boasts seven trailers and three single family homes. It currently generates $105K annually with potential to gross over $150K a year. Occupied by reliable tenants, this property is high, dry and well kept. There are two available slots that are ready for more mobile homes. This listing consists of 2 one acre lots. One lot consists of six trailers and a 3/1 single family home. The other acre lot includes two single family homes as well as a trailer. There is a 4/2 SFH that needs TLC. All tenants are paying month to month. The potential growth is tremendous. Don't miss out on this lucrative business venture.

Status Change Information

Major Change Timestamp: 2024-04-16T16:36:15Z
Major Change Type: Status Change
Price Change Timestamp: 2024-02-26T16:10:59Z
StatusChangeDate: 2024-04-16
Purchase Contract Date: 2024-03-19
Close Date: 2024-04-15
Close Price: 750000

More Information

Closing Company Details

Closing Company Name: Dawson Law
Closing Company Address: 50 N Grove St. Merritt Island, FL 32952

Unit 1 Details

Unit ID: 3/1 SFh
Actual Rent: 1700
Unit SqFt: 1000
Baths Total (Legacy): Yes
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 2 Details

Unit ID: 1/1 SFH A
Actual Rent: 900
Unit SqFt: 700
Baths Total (Legacy): Yes
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 3 Details

Unit ID: MH 1
Actual Rent: 1000
Unit SqFt: 800
Baths Total (Legacy): 11
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 4 Details

Unit ID: MH 5
Actual Rent: 850
Unit SqFt: 800
Baths Total (Legacy): Yes
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 5 Details

Unit ID: MH 4
Actual Rent: 1200
Unit SqFt: 800
Baths Total (Legacy): Yes
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 6 Details

Unit ID: MH 6
Actual Rent: 1200
Unit SqFt: 800
Baths Total (Legacy): Yes
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 7 Details

Unit ID: MH 5
Actual Rent: 850
Unit SqFt: 800
Baths Total (Legacy): Yes
Furnished: Unfurnished
Unit Remarks: Occupied

Unit 8 Details

Unit ID: MH 7 & 8
Actual Rent: 2200
Unit SqFt: 1600
Baths Total (Legacy): 2
Furnished: Unfurnished
Unit Remarks: Ran out of space, so this one includes the final 2

Historical Information

Public Historical Remarks 3: Style-Mobile Home Park: Y, Parking-> 1 Space Per Unit: Y, Number of Buildings: 4+ Buildings

Location, Tax, and Legal

Tax Account: 2423792
Directions: Dixon to Clearlake, R on Atkinson St.

Listing Office: Blue Marlin Real Estate

Last Updated: October - 23 - 2024

Information is deemed to be reliable, but is not guaranteed.