Central FL Parks (6): $21.175M
All 55+ age restricted communities, located in: Hudson, Tarpon Springs, St. Cloud (2), Lakeland, Vero Beach. 632 sites total, 51 vacancies (most in 2 parks).
2010 Gross Income = 2,346,936
2010 Expenses = 778,764
2010 N.O.I. = $1,568,172
Some of the 6 communities on public water/sewer and some are provided services by local municipalities. No rental or LTO homes included.
FL Panhandle Park(s):$2,275,000
Combining two 55+ age restricted communities located near all major shopping areas 96 total sites with 11 vacancies.
2010 Gross Income = 260,783
2010 Expenses = 76,601
2010 N.O.I. = $ 184,182
One of the communities has public water and sewer, and the other has public water with individual septic tanks. A few rental homes.
FL South Central non-age restricted community: $2,350,000
An all age non restricted family community with some rental homes. Low homesite lease payments, on-site management. Public water and sewer. All single section homes. 2010 income-expense available with written agreement.
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Edward Hicks
Lic. R.E. Broker
(813) 661-5901
E-mail: Easteddie@aol.com
3 Detailed information on properties provided to qualified principals with a signed brokerage agreement, which also contains a non-disclosure provision.
