Homes For Sale By Owner In Cantonment, FL

Own a mobile home park for the price of a single family house This large parcel consists of 4.37 acres spread out on Hazzard Lane. Currently, there are 3 mobile homes and a wood frame single-family home. The Wood frame house is 1260 sq. ft, 3 bed 1 bath. Mobile 1 has 2 bed 1 bath, around 800 sq ft. Mobile 2 has around 800 sq ft 2 bed 1 bath. Mobile 3 has around 600 sq ft, 1 bed 1 bath. Each structure needs work to get them back in rentable condition. We estimate maybe 20k for each Mobile, and 40k for house. Property is zoned RMU, and the property use is multifamily. Per the county, you can have up to 9 units on the property, so there is the possibility of adding an additional 5 units for even more cash flow. Rents are projected to be around 1k per mobile home, and 1200 for the house. Immediate chash flow after rehab of existing structures is around 3200mo. If you factor in bringing in 5 more units at 1,000 mo. each, that would bring cash flow up to 8200 mo. There is city water, so no need to deal with wells.