505 East Jackson Street-Suite 303 - Tampa, Florida 33602
Phone: (813) 387-7724 - Fax: (813) 387-7727
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505 East Jackson Street-Suite 303 - Tampa, Florida 33602 Phone: (813) 387-7724 - Fax: (813) 387-7727
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Knowledge Is Key To Buying and Selling Real Estate By Attorney Miriam L. Sumpter Richard
MOBILE HOME PARKS - ARE THEY A WISE INVESTMENT VEHICLE? YES! This is a specialty property, that can be operated very much like a single family home, except there will be fifteen (15) to twenty (20) mobile homes on a single lot. Think about it as you drive on Florida in North Tampa, Ruskin, Clair Mel and of course Plant City, Florida. You can buy a mobile home park for six hundred thousand dollars ($600,000.00). You may have to service the debt by paying six thousand ($6000.00) dollars a month. Rent each unit out for $125 a week. Twelve (12) rented units will service the debt on the loan. The rest of the money from the rented units will be for the salary for the on-site manager, maintenance, upkeep of the park and profit. With these kinds of a number, a positive cash flow is almost a certainty.
For More Information Contact: Tel:
(813) 387-7724
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