Photo of Mobile Home Park for Sale Florida
Photo of Mobile Home Park for Sale Florida
Photo of Mobile Home Park for Sale Florida

Mobile Home Park Details

  • Cap Rate: 12.0%
  • Listing ID: 12619
  • Posted On: Jun 2, 2010
  • Updated On: Sep 19, 2011

Description

Owner Financing available to approved buyer. Price 1,315M wrap around available 150K down.

This 79 space park located near the distribution centers in Lakeland, FL is only about 2 miles from downtown Lakeland. Park has a clubhouse, laundry room, and office. Nice property with approx 9 acres of mature trees and 2 acres of undeveloped land. Park has city water and sewer. Lots of upside for a owner/manager to increase the Cap Rate. Priced to sell quick for this size park.

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Park Information

Number of MH Lots: 79
Year Built: 1970
Average MH Lot Rent: $281

Park-Owned Homes

Number of Park-owned Homes: 36
Average Rent for Park-owned Homes: $500

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