$3,917,799

5860 150th Avenue N #100

CLEARWATER FL, 33760

Description

1: Great Investment Opportunity! Well established 71 Unit, all-age mobile home park. Sun Terrace is situated on almost 5-Acres and centrally located in Clearwater close to all major roads, airport, shopping, bus-lines, etc. Park includes 67 park owned mobile homes, a 1274 sq. ft block building with 2 apartments and a recreation room, a 216 sq. ft management office, a 312 sq. ft laundry building (not currently in service), a storage building, shuffleboard court, and a playground. All units have separate meters for water and electric. Sun Terrace is a well established community with a long history of low vacancies and consistent income. List price is 10% Cap Rate.Do not enter the property without an appointment and do not approach or disturb tenants.

Details

MLS#U8090840
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1978
Days On Site84

Features

ZoningR-6
Acreage4.75
Loading Form
Loading Form
Area Information
StateFL
CountyPinellas
CityCLEARWATER
Zip Code33760
Area33760 - Clearwater
Listing VS Median (in 33760)
Price:
$3,917,799
low | high
Med:
$199,950
100% of Average
On Site:
84
low | high
Med:
76
100% of Average
Listing Updated: 08/31/2020
Jason Terry LogoMLS Number: U8090840
Listing Provided By:
Jason Terry  of  ABI ROAD REALTY LLC

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.