USAFLHilliardMetes & Bounds375827 Kings Ferry Rd
4/3 Doublewide with 2 living areas and formal dining room with dinette and large kitchen island | Image 1
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$799,000

375827 Kings Ferry Rd, Hilliard, FL

Real Estate

For Sale

$--,---,---
8840
  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 2520 sqft
Garage No
Taxes $5,014
Days Active 10
Lot Size 
Approx. Age 2007
Avg. Price Per Sqft $317
MLS® Number 2097071

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Discover a premier 8+acre RV park+Mobile Home property in Hilliard offering a robust turnkey income stream &versatile living options! The fully occupied 11-site RV park generates $5, 300 / month in rent & $3, 500/month in free cash flow ($42, 000 annual), with pro forma annual cash flow of approximately $50, 000, driven by market rent increases currently in process. Valued at an 8% cap rate, the RV park alone is worth approximately $625, 000, reflecting its reliable income stream and stable long-term tenant base. The property also includes a spacious 4-bedroom, 3-bathroom mobile home (built 2007), with a current market value of $275, 000 - $300, 000 based on recent comps, ideal for owner-occupancy or additional free cash flow of $1, 700-$2, 000 / month. Zoned Open Rural, the property operates on an artisanal well and septic system, with electricity and garbage disposal as the only utility costs, minimizing expenses and boosting profitability. Located just 30 minutes from Jacksonville.Show Description
MLS® Number2097071
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage8.68
Exterior
GarageNo
Approx. Age2007
Basement
DrivewayAdditional Parking, Carport, Circular Driveway
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel

Extras

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