44-Unit Mixed-Use Investment Portfolio ~7.5% Cap Rate Value-Add Upside Rare opportunity to acquire a 44-unit income-producing portfolio consisting of two mobile home parks and single-family residences, offering strong in-place cash flow with additional upside potential. The portfolio includes 29 mobile homes across two parks. The first park features 18 mobile homes with additional vacant lots available, and is approved for future expansion, allowing for increased density and long-term NOI growth. The second mobile home park consists of 7 existing units, providing stable, affordable housing income. In addition, the portfolio includes 15 single-family residences, adding diversification, durability, and tenant demand to the income stream. According to the owner the property is currently operating at an approximately 7.5% cap rate, with opportunities to enhance returns through infill development, unit upgrades, rent optimization, and operational efficiencies.
38 acres in Cottondale City limits with three bedroom/2 bath home. Has a large front deck, lots of beautiful trees. Great location for a small farm with city water to property. Call for more information.
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Cottondale is located in Florida. Cottondale, Florida has a population of 873. Cottondale is less family-centric than the surrounding county with 24.88% of the households containing married families with children. The county average for households married with children is 26.93%.
The median household income in Cottondale, Florida is $36,750. The median household income for the surrounding county is $43,416 compared to the national median of $69,021. The median age of people living in Cottondale is 36.1 years.
The average high temperature in July is 92.3 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 55.9 inches per year, with 0 inches of snow per year.
