6212 Montgomery Avenue
$125,000
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3
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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...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.
- Listed by Charles Stallions • CHARLES STALLIONS RE SERVICES
LISTING UPDATED: 09/16/2024 07:50 PM
Property Details for 6212 Montgomery Avenue
Status | Active |
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MLS # | 643276 |
Days on Market | 220 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Other |
Year Built | 1971 |
Lot Size | - |
County | Escambia County |
Building Information for 6212 Montgomery Avenue
Stories-Residences3Year Built1971Building Size-Lot Size-
Property Information for 6212 Montgomery Avenue
Property History for 6212 Montgomery Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 6212 Montgomery Avenue
This home is within Escambia.
Rating | School | Type | Grades | Distance |
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Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Longleaf Elementary School PublicPK to 5 | ||
Bellview Middle School Public6 to 8 | ||
Pine Forest High School Public9 to 12 | ||
George Stone Area Voc-Tech Center Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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