1981 Ham Brown ROAD, Kissimmee, FL, 34746 | $1,500,000

ESTABLISHED, INCOME PRODUCING mobile home park ready for new ownership! Gross annual income is $138, 000 making this a great opportunity PLUS there is room for expansion! This park includes a FULLY RENOVATED three bedroom 1. 5 bath single family home with two car garage (built in 1965) and seven mobile homes (with carports which is another plus the tenants like!) of varying size and ages; two mobile homes were replaced with new single wide units in 2021; the other mobile homes were completely renovated one by one beginning in 2018 including roofs, A/C, hot water heaters, updated flooring, fresh drywall and paint and modern finishes; plus all units are equipped with washers and dryers for an added value to the tenants which helps add up to CONSISTENT INCOME with LOW VACANCY RATES. Multiple parcels add up to 3. 48+/- fenced acres that could have added income potential. Live onsite or rent out all units for maximum return. So, take advantage of the work the current owners put in to minimize repairs and enjoy the benefits of investment property ownership. Make your appointment to see it TODAY!
TOTAL SQUARE FOOTAGE IS ESTIMATED. If actual square footage is of importance to the buyer, it can be confirmed by the buyers or their agents during the inspection period at buyer's expense.

Features

  • Property Type: Multi Family
  • Construction: Block, Metal Siding
  • Utilities: Private, Water Connected
  • Levels: 1
  • Heating: Central Individual
  • Cooling: Central Air
  • Year Built: 1965
  • Approx Sq. Feet: 7,050
  • Acreage: 3.48
  • Est. Taxes: $12,456
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • MLS#: S5103577
  • Days on Market: 169 days
  • Website: https://www.raveis.com
    /prop/S5103577/1981hambrownroad_kissimmee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 10:32:52 PM)
Listing courtesy of BOBCAT REALTY GROUP INC   Phone: 321-624-8390

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Our Insurance Division:

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1981 Ham Brown ROAD, Kissimmee, FL, 34746

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.750% 7.038%
Monthly Tax Payment $1,038 $1,038 $1,038
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,783 $7,684 $10,619
Total Monthly Payment $8,946 $8,847 $11,782

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.