2336 Willie Lane
$215,000
2336 Willie Lane, Bonifay, FL 32425
1.15 acres
Lot Area
2002
Year Built
Details:
Description:
6 unit mobile home park located in Bonifay, less than an hour drive to Panama City Beach. This is a great opportunity for an investor to renovate homes and maximize the rental income or sell the homes and collect lot rent. Bonifay is consistently increasing in population and has great demand for rentals. All homes are on well and septic and individually metered for electricity. Located on Hwy 90, this location gives tenants quick access to Chipley, Marianna, or Defuniak Springs or be in Panama City Beach in under 1 hour. One home is tenant owned paying $450/mo lot rent, three homes are on a rent to own contract paying $450/mo lot rent each with a combined $126/mo in financing. There is another tenant renting for $300 per month for a total monthly rent revenue of $2,226/mo. 1 park owned home is currently vacant and could easily be renovated or sold to generate additional revenue. The owners of the property are licensed real estate agents.
Listing ID: 526f1d59-b6ed-42e4-a3dc-5e7cc0241bf4
Location
Gallery
