Contact Information

Mobile Home Park Details

  • Price: $4,490,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1142686
  • Posted On: Oct 9, 2019
  • Updated On: Oct 9, 2019

Property Description

This is a 9 park, 112 unit package deal. All parks are located in central FL (6- Lakeland, 2-Bartow, 1-Sebring) with all parks running smoothly with 99% occupancy and all parks with almost 100% maintenance and repairs up to par. We have full time crew that stay on top of everything as it comes up. This 9 park deal is being sold with a 17% cap rate.
Each park is also listed separately and we are willing to break it up as they are all separate now but will do a small discounted price for the package if your looking to get a bigger deal all in one close area.
Parks are all located approx 30-40 min from each other at most with 6 all being in Lakeland and 2 in bartow only 20-30 min away. This could be a great way to add to your portfolio or walk into a bigger one without having to clean it up or turn it around.
There is still room for some upside with a few parks having some empty lots and a couple units currently under remodel. Call or email today for more in.
We are not offering owner financing.

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Park Information

Community Type: All Age
Number of MH Lots: 112
Total Occupancy: 100.0 %
Year Built: 1960
Average MH Lot Rent: $644
Size: 25.0 acre(s)

Lot Information

Singlewide Lots: 109
Doublewide Lots: 3

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 112
Average Rent for Park-owned Homes: $644

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