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1311 W US HIGHWAY 92 HIGHWAY W, AUBURNDALE, FL 33823

1311 W US HIGHWAY 92 HIGHWAY W
AUBURNDALE, FL 33823

$4,500,000

Sq. Ft.: 738
Type: Commercial
Listing #T2873588
This is a multi-property deal consisting of three main properties:1. 128-sp MHP/RV (13.63-acres - 25 28 10 000000 041110)2. 14 Residential Homes Located on Webb St ( 6.7-acres - 25 28 10 000000 041150)3. 8.6-acres vacant lot located in the rear. Zoned commercial-Industrial - 25 28 10 000000 041130We have put the properties out as a MHP/RV/Multifamily purchase and/or a development opportunity, taking advantage of the commercial-industrial zoning. The MHP/RV purchaser may want to purchase all of the property and sell the remaining parcels off. Or just purchase the MHP/RV and Multifamily parcels. The Developer might purchase all of the parcels and have the MHP/RV pay the bills and earn a profit while they are preparing their project. The park and homes are producing $191K NOI with only 60% occupancy. The rents are below market and are going to be raised $20/sp this coming July. The new owner would be able to capture the higher income during their ownership.
Property Features
Location Information
County: Polk
MLS Area: Auburndale
Latitude: 28.059845
Longitude: -81.803284
Location: Oversized Lot, Street Paved
Directions: On Hwy 92 W - Approximately 2 miles East from Polk County Pkwy.
Exterior Features
Is New Construction: No
Lot Description: 10 to less than 20
Lot Size in Acres: 13.62
Lot Size in Sq. Ft.: 59, 718
Zoning: C-3
Road Description: US Highway
Water Frontage: 0
Has Waterfront: No
Water Access: Pond
Additional Information
Property Type: COM
Year Built: 1941
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
CRES CORP INTERNATIONAL LLC
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MFRMLS data last updated at July 23, 2017 1:04 AM ET