This is a 52 unit mobile home park located in Palatka, Florida. Palatka is locate 40 miles from jacksonville and 30 miles from St Augustine. 27 of the units are owned and go with property. Its located ona a spring fed (Silver Lake). Income on property is currently 160-170k year depending with 10 vacant pads. There is also 5 acres that can be developed for more income. Site has a good manager that works for her rent. Expenses are total bout 3k a month.
In exchange for Property in Any state
Approximate value $ : 100,000-1,000,000
I am looking for house/condo to have as a get away for summers. Sort of a reverse snowbird routine. Although I don't mind anything around ne florida. Would also consider a business or raw land. Pretty much open to ideas as long as I can cash out. My partner wants out and I really don't have a mill to buy em out right now. Would also consider a partner/partners for the park. So tell me what you have in mind.
