Contact Information

Mobile Home Park Details

  • Price: $650,000
  • Cap Rate: 10.2%
  • Listing ID: 4756544
  • Posted On: Mar 14, 2024
  • Updated On: Apr 2, 2024


- 15-space manufactured housing community in Frostproof, FL (Lakeland MSA)
- Well water and septic system in-place
- Nine park-owned homes with seven lot-rent spaces
- Majority month-to-month leases allowing for rapid value-add


- 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 Sunrise at the Lake MH/RV Park
- 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: 15
Total Occupancy: 100.0 %
Size: 2 acre(s)

Financial Information (Actual)

Gross Income: $100,023
Operating Expense: $33,777
Net Operating Income: $66,246
Expense Ratio: 33.8 %

Utility Information

Water: Well
Sewer: Septic

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