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Updated over 6 years ago,
Cash on Cash King New Port Richey Tampa region
Could you imagine a $100,000 investment with $3250/mo in rent??? That just doesn't happen in SFR or multi family investing...especially not in Tampa.
This is a crazy deal and will sell quickly. The cash on cash is through the roof.
I have 5 lots on 2 parcels that have power poles, water, and septic ready, with impact fees already paid.
Market rent is $650+ per mobile home.
There are currently condemned single wide trailers on each lot which must be removed. I spoke to the Fire Department, and they would do a training exercise there and clean up all the demo they caused. So half the demo will be done for you.
3 lots are 105x110- perfect for double or single wide trailers which you can bring in new or used.
2 lots are 70x110- single wide lots
Pictures: https://drive.google.com/open?id=1Qa0Fs3A6O4INhGpqQlz-4MrfMG4EGq6D