Lakeland, FL 33801,3410 FAIRFAX PARK PL

$490,000

Est. payment /mo

$499,900

2.0%
Est.Price: ?

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3410 FAIRFAX PARK PL Lakeland, FL 33801

10,598 SqFt

SOLD DATE : 01/04/2023

Key Details

Sold Price $490,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,598 sqft

Price per Sqft $46

Subdivision Acreage

MLS Listing ID L4929944

Sold Date 01/04/23

HOA Y/N No

Year Built 1968

Annual Tax Amount $3,661

Lot Size 2.460 Acres

Acres 2.46

Lot Dimensions 82.5x200

Property Sub-Type Multi-Family

Source Stellar MLS

Property Description

Please note income and expenses have been revised as of 9/1/2022. Over 15% CAP RATE AT CURRENT RENTS. 50% down private financing now available. Rent roll and income & expense statement available. 11 unit mobile home park with 7 single wides and 4 double wides. Rents are under market value and can be increased in current condition. The Mobile Homes are older but always rent fast. Tenants mow their own lawns. it is currently owner managed. Water supply main was recently upgraded for good water pressure. Five septic systems serve clusters of homes and work fine. Park provides county water. it is currently owner managed. 5 day inspection period max. Escrow deposit is 5% minimum and must be paid within 24 hours of accepted offer. No Finance and/or Appraisal Contingencies. Do you due diligence before writing offer. Escrow Deposit is non refundable after inspection period. All leases are verbal and on month to month. What you see is what you get. Experienced Mobile Home Park owner/operators offers will be given priority. Do not disturb tenants. Rare opportunity! Submit your highest and best offer with terms as stated above.

Location

State FL

County Polk

Community Acreage

Area 33801 - Lakeland

Zoning R-3

Interior

Interior Features Ninguno

Heating Central, Electric, Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Fireplace false

Exterior

Exterior Feature Lighting

Parking Features Assigned

Utilities Available BB/HS Internet Available, Electricity Connected, Public

Roof Type Metal,Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 2 to less than 5

Sewer Septic Tank

Water Public

Structure Type Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Other, Private Financing Available, Special Funding

Listing Terms Cash, Other, Private Financing Available, Special Funding

Special Listing Condition None

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Stellar MLS
Listed by NUGGET REALTY
Bought with NUGGET REALTY
agent

Magda Whelton

Advisor | License ID: SL3226366

+1(941) 408-4047

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