Wade M. Berlin

Watson Mobile Home Park Fully Occupied Investment Opportunity. Located in Inverness Florida recently named #3 in USA today as a charming town in the South. This income producing property boasts a solid approximate 7.5% cap rate and includes a block home plus 12 mobile homes, all currently rented. Each mobile received a new metal roof in 2024, and the septic systems are regularly maintained. Reliable, long term tenants are already in place. The owner is seeking the highest and best cash offer. Please note: Existing units cannot be removed or replaced with newer models. The new owner can keep the exisitng residences and maintain as needed. The county will allow for the development of condos or duplexes, and impact fees may potentially be waivedoffering added value for future redevelopment.