Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Property ID: 1142358
  • Posted On: Oct 7, 2019
  • Updated On: Jul 6, 2020

Property Description

Happy Hollow is a 20-space, all-age, mobile home and RV Park with 8 mobile homes in the front and 12 RV spaces in the back. The park contains ten (10) park owned homes of which six (6) are sold on 5-year rent to own contract. Water and electric are provided by the City of Lakeland and the septic sewer systems were all replaced in 2018. In 2017 the park received repaved roads, new fencing and signage, cleaned up yard debris, updated landscaping, new electrical pedestals in the RV section (various Lots), and 4 new RV's were purchased and placed in the park. There is currently one mobile home under rehab and a vacant lot awaiting a brand new home. The home under rehab will be completed and rented in March bringing the rent roll to $8,650/mo from $7,950/mo currently. Average monthly income in 2018 was $8,968.


  • Laundromat
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Park Information

Community Type: All Age
Number of MH Lots: 20
Total Occupancy: 95.0 %
Year Built: 1972
Average MH Lot Rent: $472
Size: 3 acre(s)

Lot Information

Singlewide Lots: 7
Doublewide Lots: 1

RV Information

Number of RV Lots: 12
Average RV Lot Rent: $329

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 10
Average Rent for Park-owned Homes: $603

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