Lake Beresford RV Park
*** ********* ***, ********, FL
11.62% return
SP:
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Property Description

**DO NOT ENTER THE PARK OR DISTURB RESIDENTS*** AMAZING INVESTMENT!!! 

Turnkey 18 pad RV/Mobile home park on beautiful Lake Beresford in Deland, FL! 1.8 acres of prime waterfront real estate!! St Johns river access. Coin operated laundry and shower on site. Very inexpensive property to own and operate! Most of RVs and Mobile Homes are included in the sale. 11% NET RETURN ON INVESTMENT!! Hold this property for 10 years and it will pay itself off. This parcel will be perfect for a future redevelopment. Management is in place!! 

Do not miss out on this amazing opportunity, call us today.

Property Information

  • Listing statusActive
  • Property typeMulti Family
  • Total units18
  • Total bedrooms36
  • Total bathrooms18
  • Building size(unknown)
  • Lot size1.8 acres
  • Year built(unknown)
  • County******** County
  • Subdivision********** *********
  • ConstructionFrame
  • RoofMetal
  • Water sourceCity water
  • Water disposalSewer
  • Heating(unknown)
  • Cooling(unknown)

Property Financial Summary

  • Sale price $950,000
  • Estimated rehab 1 $0
  • Total investment $950,000
  • Type Actual
  • Gross income (annually) $138,300
  • Operating expenses (annually) $27,870
  • Net income (annually) $110,430
  • Gross return 14.56%
  • Gross income (monthly) $11,525
  • Operating expenses (monthly) $2,323
  • Net income (monthly) $9,202
  • Net return 11.62%

Property Income & Expenses

  • Income
  • Unit Mh-14: 2 bed / 1 bath $700/month $8,400/year
  • Unit Mh-17: 2 bed / 1 bath $850/month $10,200/year
  • Unit Mh-18: 2 bed / 1 bath $800/month $9,600/year
  • Unit Mh-5: 2 bed / 1 bath $850/month $10,200/year
  • Unit Rv-1: 2 bed / 1 bath $750/month $9,000/year
  • Unit Rv-10: 2 bed / 1 bath $450/month $5,400/year
  • Unit Rv-11: 2 bed / 1 bath $750/month $9,000/year
  • Unit Rv-12: 2 bed / 1 bath $450/month $5,400/year
  • Unit Rv-15: 2 bed / 1 bath $600/month $7,200/year
  • Unit Rv-16: 2 bed / 1 bath $700/month $8,400/year
  • Unit Rv-2: 2 bed / 1 bath $700/month $8,400/year
  • Unit Rv-3: 2 bed / 1 bath $525/month $6,300/year
  • Unit Rv-4: 2 bed / 1 bath $525/month $6,300/year
  • Unit Rv-6: 2 bed / 1 bath $700/month $8,400/year
  • Unit Rv-6b: 2 bed / 1 bath $600/month $7,200/year
  • Unit Rv-7: 2 bed / 1 bath $525/month $6,300/year
  • Unit Rv-8: 2 bed / 1 bath $525/month $6,300/year
  • Unit Rv-9: 2 bed / 1 bath $525/month $6,300/year
  • Total $11,525/month $138,300/year
  • Expenses
  • Property Taxes $199/month $2,392/year
  • Electric bill $1,108/month $13,290/year
  • Insurance (estimated) $250/month $3,000/year
  • Maintenance reserve $292/month $3,500/year
  • Water bill $52/month $620/year
  • Gas Utility Bill $72/month $868/year
  • Waste Collection $150/month $1,800/year
  • Lawn care $200/month $2,400/year
  • Total $2,323/month $27,870/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Q: Why is the property address and location information hidden?
A: This property is a premium property and is completely off-market. Full access is available to premium clients only. If you are not a premium client, we require to have an executed non-disclosure agreement on file in order to share the property details with you.

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