Contact Information

Mobile Home Park Details

  • Price: $1,000,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 6.0%
  • Listing ID: 1489748
  • Posted On: Aug 3, 2021
  • Updated On: Feb 22, 2023


14 space lakefront & Hwy 27 front Adult Mobile Home Park with 7 Unit Motel & office all on private street sloping down to majestic oaks over shoreline of Lake Josephine(2,200 acre bass fishing lake) Sebring, FL. Owner Financing 1st Mtg with $500,000 Down 6% interest 20 yr amort. 3yr balloon. Rent roll:Lot#1:Owned MH/Lt @$1,500/m;Lots 2-11 @$380/m;Lakefront lots:Lt 12@400/m Lt 13@$450/m;Lt#14 is Vacant;Hotel units 1-6@$700/m & unit#7@$800/m making PGI of $133,800/EGI $116,000/NOI $78k 67%. Ideal property to enjoy lakefront living while running you own income property. Beautifully managed & easy to operate! Come see why everyone is escaping cities to enjoy these type properties. All buyer's must sign a confidentiality agreement prior to receiving financials or any showings.


US 27 south from Sebring to Highlander Motel on right.


  • Laundromat
  • Storage
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Park Information

Community Type: 55 And Over
Number of MH Lots: 13
Total Occupancy: 98.0 %
Average MH Lot Rent: $386
Size: 2 acre(s)

Financial Information (Actual)

Gross Income $116,000
Operating Expense $50,000
Net Operating Income $68,000
Expense Ratio 43.1 %
Debt Info

Lot Information

Singlewide Lots: 14

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 1
Average Rent for Park-owned Homes: $1,500

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