Nicolette Lowe - Coldwell Banker Coast
3680 NE Dixie Highway NE
Palm Bay, FL 32905

Description

Great investment opportunity in NE Palm Bay. 21 Lot mobile home park with 2 commercial buildings including riverfront rights for future development. This investment is currently operating at an 11% CAP rate with the value add potential to be 14-16% CAP. This is an excellent opportunity with a huge upside for future of condos or single family homes.

Details

MLS#825827
Sub-TypeResale
StatusContingent
Days On Site46

Features

Units20
Building(s)3
Water FrontYes

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Area Information

StateFL
CountyBrevard
CityPalm Bay
Zip Code32905
Area340 - NE Palm Bay
Listing VS Median (in 32905)
Price:
$935,000
low | high
Med:
$129,450
100% of Average
On Site:
46
low | high
Med:
209.5
21.957040572792% of Average
Listing Updated: 11/13/2018
MLS Number: 825827
Listing Provided By:
Michael Gray  of  Hoven Real Estate

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