$1,200,000

10432 County Road 44

LEESBURG FL, 34788

Description

**OWNER FINANCING TERMS TO BE DETERMINED** This park has both long term rentals & waterfront VRBO rentals. Park has 11 rentals in the front of the park, owners residents in the middle and across the back fronting the marina there is two VRBO rentals waterfront. Marina can hold 10 boats easily. Great steady income and getting better as the VRBO rentals increase. Owners home has new kitchen and bathrooms, well appointed. The water way is spectacular, live here and run a successful business to any level you want. Over the past 10 years the current owner has put new services to each lot and paved all roads. New roof on main building. All major infrastructure improvements have been done. Landscaping is mature and plentiful. This investment is currently selling at a 10+% cap rate. Rent owners home, increase VRBO rentals and the income forecast is over $180,000 gross.

Details

MLS#O5804990
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1951
Days On Site438

Features

SQ Feet8,000
Story(s)1
Units16
ZoningC-1
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Area Information
StateFL
CountyLake
CityLEESBURG
Zip Code34788
Area34788 - Leesburg / Haines Creek
Listing VS Median (in 34788)
Price:
$1,200,000
low | high
Med:
$215,000
100% of Average
SqFt:
8,000
low | high
Med:
1,538
100% of Average
$ / SqFt:
$150
low | high
Med:
$140
56.719576719577% of Average
On Site:
438
low | high
Med:
158.5
100% of Average
Listing Updated: 02/03/2020
Travis Sawchuk LogoMLS Number: O5804990
Listing Provided By:
Travis Sawchuk  of  GLASBRIDGE LLC

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