PROPERTY OVERVIEW - The subject property consists of fourteen moblie homes on 1.54+/- acres in a residential neighborhood. There is additional space for two more mobile home units. Each mobile home is separate and ranges in size and age. Over the past year, several repairs were made to roofs, water heaters, flooring, windows, and drainfield.

The property is 80% occupied. Two units are ready for rental and the third needs additional repairs to secure 100% occupancy. All other tenants are paying rent on time. Rent includes water, sewer, trash and landscaping. Electric is paid by tenant.

PROPERTY LOCATION - The subject property is nestled in a residential neighborhood in Ocoee, FL. Ocoee is a suburb Northwest of Orlando near Starke Lake and Lake Olympia, and is know for its white-water rafting and outdoor activities. Several newer subdivision with large homes and quiet neighborhoods surround the property especially around the lake.

Hillcrest Heights is less than one mile from grocery shopping, resturants, banking, and less than 2 miles to the nearest major shopping mall and hospital. It is only 8 miles to Universal Studios, 12 miles to Disney, and 12 miles to Downtown Orlando with access to major highways, such as FL-408, Western Expressway, and Florida's Turnpike.

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