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$ 875,000
Est. payment /mo
New
208 Casper DR Fort Walton Beach, FL 32547
26,136 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 26,136 sqft
Price per Sqft $33
MLS Listing ID 1011925
Lot Size 0.600 Acres
Acres 0.6
Source Emerald Coast Association of REALTORS®
Property Description
Opportunity to acquire a well-established mobile home park offering a strong combination of consistent income, long-term tenant stability, and potential for future revenue growth.
The property has demonstrated a solid operating history with steady occupancy and an established tenant base. Current rental rates provide attractive income while also presenting potential opportunity for future rate adjustments as market conditions allow, giving an investor the ability to enhance performance over time.
Many of the individual units have benefited from renovations, upgrades, and ongoing improvements during the current ownership. The property has been professionally maintained and managed, with an emphasis on preventative maintenance, responsible operations, and preservation of the asset.
One of the property's greatest strengths is its relatively straightforward operating structure. With limited common-area requirements and manageable ongoing upkeep, the community offers an appealing expense profile compared with many other residential investment properties.
Detailed ownership records have been maintained, including income history, maintenance schedules, unit improvements, and renovation records, providing prospective investors with valuable insight into the property's historical operations and performance.
For an investor seeking long-term residential income, this property offers an attractive combination of established cash flow, proven operating history, manageable expenses, a and potential for additional income growth.
Financial information, rent rolls, renovation history, and additional property details are available to qualified prospective purchasers.
The property has demonstrated a solid operating history with steady occupancy and an established tenant base. Current rental rates provide attractive income while also presenting potential opportunity for future rate adjustments as market conditions allow, giving an investor the ability to enhance performance over time.
Many of the individual units have benefited from renovations, upgrades, and ongoing improvements during the current ownership. The property has been professionally maintained and managed, with an emphasis on preventative maintenance, responsible operations, and preservation of the asset.
One of the property's greatest strengths is its relatively straightforward operating structure. With limited common-area requirements and manageable ongoing upkeep, the community offers an appealing expense profile compared with many other residential investment properties.
Detailed ownership records have been maintained, including income history, maintenance schedules, unit improvements, and renovation records, providing prospective investors with valuable insight into the property's historical operations and performance.
For an investor seeking long-term residential income, this property offers an attractive combination of established cash flow, proven operating history, manageable expenses, a and potential for additional income growth.
Financial information, rent rolls, renovation history, and additional property details are available to qualified prospective purchasers.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Direction From Beal Pkwy, take Pelham Rd East to Casper. Property is about half-way to the end of Casper on the right.
Exterior
Garage No
Building
Faces From Beal Pkwy, take Pelham Rd East to Casper. Property is about half-way to the end of Casper on the right.
New Construction No
Others
Pets Allowed No
Tax ID 10-2S-24-0000-0011-0000
Listed by Matthew N McGee Livin Right Real Estate LLC