Contact Information

Mobile Home Park Details

  • Price: $750,000
  • Cap Rate: 6.9%
  • Listing ID: 4750713
  • Posted On: Mar 14, 2024
  • Updated On: Apr 2, 2024


- 22-space manufactured housing community in Frostproof, FL (Lakeland MSA)
- Municipal water and sewer, with sub-metering in-place
- Majority month-to-month leases allowing for rapid value-add
- 55+ community, with 20 lot-rent spaces and two park-owned homes


- Located in Polk County, the fastest growing county in FL, and the 7th fastest growing county in the USA
- Beautiful lakefront location
- Less than five miles to Sunset at the Lake Mobile Village
- Polk County population is expected to grow by 20% over the next ten years
- Polk County is home Publix Supermarket Headquarters with more than 10,000 employees

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Park Information

Number of MH Lots: 22
Total Occupancy: 100.0 %
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $93,843
Operating Expense: $42,257
Net Operating Income: $51,586
Expense Ratio: 45.0 %

Utility Information

Water: City
Sewer: City

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