Property Description

Welcome to Friendly Acres, an income producing mobile home park with 19 homes only 5 minutes from downtown Marianna, FL. Seller Financing available with $500,000 down, 5% interest, with a balloon in 5 years. Situated on 9 acres, this park features fifteen 3 bed/2 bath homes, one 3/1. 5 home, and three 2/1 homes. All homes are currently occupied and generating $14,475 per month. Many homes are leased below market rent creating an easy opportunity to raise cashflow. All homes had new metal roofs installed in 2019. There are 2 wells on the property with one having a new pump and tank installed in 2024 with the other well having the same work done in ~2020. There are approximately 15 septic tanks. There is city water located across from Fieldstone ct, making it a possibility to hook up to in the future. The current owner enjoys very low expenses with an expense ratio of 8. 5%.

Property Features