$125,000
6212 Montgomery Ave Pensacola, FL 32505
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Listed by Charles Stallions • CHARLES STALLIONS RE SERVICES
$125,000
Est. payment /mo
3 BA
2,100 SqFt
Active
6212 Montgomery Ave Pensacola, FL 32505
UPDATED:
09/16/2024 07:46 PM
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $59
MLS Listing ID 643276
Full Baths 3
HOA Y/N No
Originating Board Pensacola MLS
Year Built 1971
Property Description
Exceptional Investment Opportunity: Secure Steady Income with a High-Yield Trailer Park Are you searching for a solid investment opportunity that offers consistent returns and the potential for long-term growth? Look no further! Presenting a prime investment in a thriving trailer park that’s yielding over $2,350 in monthly rent, with plenty of room for further revenue growth. This property is not just an investment; it’s a dependable source of passive income that also addresses community housing needs. Overview of the Property This trailer park sits on a generous one-third acre of land, offering an appealing mix of location, rental income, and long-term investment potential. Currently, the property features three rented trailers, each with below-market rents, signaling a significant opportunity for rent increases. Trailer A: 2 bedrooms, 1 bath, $750/monthly rent Trailer B: 2 bedrooms, 1 bath, $750/monthly rent Trailer C: 2 bedrooms, 1 bath, $850/monthly rent Reliable Income Stream The trailers yield a combined monthly rent of $2,350, providing a steady income stream. This robust monthly revenue underscores the property's stability, making it a reliable investment. As a discerning investor, you understand the importance of consistency in revenue generation. This trailer park delivers that with ease, offering a strong foundation for your investment portfolio. Below-Market Rents: An Opportunity for Growth The current rents are below market value, offering an immediate opportunity for increasing returns. With strategic management, rent adjustments to match market rates could significantly boost your revenue. The less-than-five-year-old septic system is an added advantage, ensuring lower maintenance costs and a reliable infrastructure for the property.
Location
State FL
County Escambia
Interior
Heating Wall/Window Unit(s)
Exterior
View Y/N No
Roof Type Flat
Building
Lot Description Interior Lot
Faces From W Street toward Mobile Hwy on Michigan Ave. Turn right on Montgomery , trailer park is on right.
New Construction No
Others
Tax ID 421S302201020012
Special Listing Condition As Is
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