Welcome to Friendly Acres, an income producing mobile home park with 19 homes only 5 minutes from downtown Marianna, FL. Situated on 9 acres, this park features fifteen 3 bed/2 bath homes, one 3/1.5 home, and three 2/1 homes. All units are currently occupied and generating $13,375 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%.
Welcome to Friendly Acres, an income producing mobile home park with 19 homes only 5 minutes from downtown Marianna, FL. Situated on 9 acres, this park features fifteen 3 bed/2 bath homes, one 3/1.5 home, and three 2/1 homes. All units are currently occupied and generating $13,375 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%.
Legal Description: LOTS 20, 21 BLK D FRIENDLY ACRES, LESS 1A PER OR 421 P 76 OR 182 P 138 OR 222 P 241, 242 OR 241 P 793 OR 284 P 711 OR 380 P 405 OR 392 P 822 OR 444 P 493 OR 452 P 191 OR 498 P 435 OR 581 P 112 OR 679 P 221 OR 959 P 785, 786 OR 1165 P 387
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