7739 Watson Street, Inverness, FL 34452
  • MLS#: 839719 ( ResidentialIncome )
  • Street Address: 7739 Watson Street
  • Viewed: 124
  • Price: $525,000
  • Price sqft: $750
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 700
  • Days On Market: 177
  • Additional Information
  • County: CITRUS
  • City: Inverness
  • Zipcode: 34452
  • Subdivision: Not On List
  • Provided by: Plantation Realty, Inc.
  • REALTOR® Association of Citrus County
  • DMCA Notice
  • Description
    Watson Mobile Home Park Fully Occupied Investment Opportunity. Located in Inverness Florida recently named #3 in USA today as a charming town in the South. This income producing property boasts a solid approximate 7.5% cap rate and includes a block home plus 12 mobile homes, all currently rented. Each mobile received a new metal roof in 2024, and the septic systems are regularly maintained. Reliable, long term tenants are already in place. The owner is seeking the highest and best cash offer. Please note: Existing units cannot be removed or replaced with newer models. The new owner can keep the exisitng residences and maintain as needed. The county will allow for the development of condos or duplexes, and impact fees may potentially be waivedoffering added value for future redevelopment.
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Features
Possible Terms
  1. Cash
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Exterior Features
  1. UnpavedDriveway
Flooring
  1. Tile
Garage Spaces
  1. 0.00
Insurance Expense
  1. 2000.00
Legal Description
  1. THAT CERT PCL IN SE 1/4 OF NE 1/4 SEC 33 TOWN 19S RNG 20E
  2. MORE PART DESC AS FOLLOWS:START GOVT MRKR SW COR SE 1/4 OF NE 1/4 SEC 33; THN E 523.92
Levels
  1. One
Living Area
  1. 700.00
Lot Features
  1. Acreage
  2. IrregularLot
  3. MultipleLots
Area Major
  1. 06
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 1842611
Parking Features
  1. Driveway
  2. SharedDriveway
  3. Unpaved
Pet Deposit
  1. 0.00
Pool Features
  1. None
Possession
  1. ClosePlus30Days
  2. ClosePlus60To90Days
Property Type
  1. ResidentialIncome
Road Frontage Type
  1. PrivateRoad
Roof
  1. Metal
Security Deposit
  1. 0.00
Sewer
  1. SepticTank
Style
  1. OneStory
Tax Year
  1. 2024
The Range
  1. 0.00
Trash Expense
  1. 0.00
Views
  1. 124
Water Source
  1. Well
Year Built
  1. 1980
Zoning Code
  1. MDRP
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