375827 KINGS FERRY RD Active Save Request In-Person Tour Request Virtual Tour
Hilliard,FL 32046
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $317
Subdivision Metes & Bounds
MLS Listing ID 2097071
Bedrooms 8
Full Baths 8
Year Built 2007
Annual Tax Amount $5,014
Lot Size 8.680 Acres
Property Sub-Type Multi Family
Property Description
Discover a premier 8+acre RV park+Mobile Home property in Hilliard offering a robust turnkey income stream &versatile living options! The fully occupied 11-site RV park generates $5,300 / month in rent & $3,500/month in free cash flow ($42,000 annual), with pro forma annual cash flow of approximately $50,000, driven by market rent increases currently in process. Valued at an 8% cap rate, the RV park alone is worth approximately $625,000, reflecting its reliable income stream and stable long-term tenant base. The property also includes a spacious 4-bedroom, 3-bathroom mobile home (built 2007), with a current market value of $275,000 - $300,000 based on recent comps, ideal for owner-occupancy or additional free cash flow of $1,700-$2,000 / month.
Zoned Open Rural, the property operates on an artisanal well and septic system, with electricity and garbage disposal as the only utility costs, minimizing expenses and boosting profitability. Located just 30 minutes from Jacksonville.
Location
State FL
County Nassau
Community Metes & Bounds
Area 492-Nassau County-W Of I-95/N To State Line
Interior
Heating Central
Cooling Central Air
Flooring Carpet,Vinyl
Laundry In Unit
Exterior
Parking Features Additional Parking,Carport,Circular Driveway
Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Connected
View Trees/Woods
Roof Type Metal
Building
Lot Description Cleared,Few Trees
Story 1
Sewer Septic Tank
Water Well
Structure Type Vinyl Siding
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional