Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
Freeport, FL 32439,621 Live Oak Street Street
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Key Details

Property Type Commercial

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 950121

Property Description

Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS. Cal me for additional details. Value Add - 4 of 6 leases are on month to month leases at below market rates.Gross Rents are $63,300; Annual expenses $10,891: Net Operating Income $52,409

Location

State FL

County Walton

Area 20 - Freeport

Listed by Taylor Allen Properties LLC
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1400 International Pkwy, Lake Mary, FL, 32746, USA

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621 Live Oak Street Street