Contact Information

Mobile Home Park Details

  • Price: $2,000,000
  • Property ID: 1479753
  • Posted On: Jul 19, 2021
  • Updated On: Jul 19, 2021

Property Description

The Glades Mobile Home Park is comprised of duplexes owned by the park and located in the North Tampa area, minutes from the University of South Florida and many other economic drivers. This Opportunity Zone park is on 1.37 acres of land covered by beautiful mature trees.

With 100% occupancy, this value-add property is ready to go as an income-producing asset and new ownership could raise rents by approximately $150/month. The land is also prime for redevelopment in the University Redevelopment area.

Please contact us to view the complete Offering Memorandum for full investment highlights.

Location

• Adjacent to retail and shopping
• Easy access to all major interstates (I-4, I-275 & I-75) and Selmon Expressway
• Nearby Channelside redevelopment project underway
• The property is located near popular destinations such as Armature Works, downtown Tampa, University of South Florida, Moffitt Cancer Center, Lowry Park Zoo, Busch Gardens, Adventure Island, Ybor City, Hard Rock Hotel & Casino, Raymond James Stadium, Midtown Tampa, Tampa International Airport, the Florida Aquarium, Sparkman Wharf, multiple shopping centers, VA Hospital and International Plaza and Bay Street
• 30 miles from multiple world-class beaches
• Over 20 Golf and Country Clubs nearby
• Phase III plans of the Brightline high-speed passenger rail system would connect Orlando International Airport and Tampa. Phase III is still in the planning phase.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 12
Total Occupancy: 100.0 %
Year Built: 1974
Size: 1 acre(s)

Utility Information

Water: City

Park-Owned Homes

Number of Park-owned Homes: 24
Average Rent for Park-owned Homes: $825

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