1004 Oklahoma St Bonifay, FL 32425
This exceptional 7-pad mobile home park in Bonifay, Florida, presents a compelling investment opportunity. Priced at $525,000, it boasts a strong 5.27% capitalization rate and a net operating income (NOI) of $27,683. The park is currently 100% occupied with long-term tenants, minimizing vacancy concerns. The seven pads are comprised of one single-family home and six two-bedroom, two-bathroom mobile homes. Each pad carries a price of $75,000, reflecting a solid value proposition. Located at 1004 N Oklahoma St, Bonifay, FL 32425, this property benefits from its location in Holmes County, a rural area with a strong agricultural base. The proximity to major roadways like US Highway 90 and Interstate 10 provides convenient access to larger cities, enhancing transportation and trade opportunities. Bonifay offers essential amenities including schools, healthcare, and local businesses, supporting a stable and attractive community. This turnkey investment is ideal for those seeking a stable, cash-flowing asset in a desirable rural setting. The adjusted NOI of $27,683 provides a clear picture of the park's profitability. This is a rare opportunity to acquire a well-maintained, fully occupied mobile home park in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.