5146 Gold Drive, Marianna, FL 32446

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Coach C.

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Building Details:

• Year Built: 1989

5146 Gold Drive is amulti-family property for lease in Marianna, FL.

VALUE ADD INVESTMENT OPPORTUNITY! Blue Springs Mobile Home Park is approximately 14.5 Acres, located within minutes of Jackson Blue Springs. All combined, there are 69 Rentable Mobile Home/RV Lots. Current Cap Rate is 8.37% based on asking price. With Occupancy currently around 45% and 28 park-owned homes, this is an excellent Value-Add Opportunity! Based on the demand in the area, there is significant upside potential for an investor to increase the number of units on-site and nearly double the current NOI. Septic Tanks are in place to serve the majority of the park. A D.E.P. Water Well supplies all of the lots on-site. With onsite management in place, this park does not require an investor to be involved with Day-To-Day operations. For further information or to receive an Offering Memorandum, please fill out a Confidentiality Agreement attached to this listing and return to Listing Agent.

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