ComReal is pleased to exclusively present the opportunity to acquire Shady Oaks Mobile Home Park in Lake City, FL. Comprised of 13 park owned homes, this is an excellent opportunity for an individual investor to acquire
an income producing real estate asset in one of Florida’s fastest growing cities. The park has been owned by
the same operator for nearly 8 years and the long term quality tenants are currently paying 25% below market rents. Featuring a new well and existing septic, the new owner benefits from low cost utilities while capturing the difference in rent. Two of the units are nearing completion of rehab and the park will be delivered 100% occupied at closing with a resulting increase in monthly rent roll from $7,900 to $9,400. The community is located in a peaceful country setting yet is located less than 2 miles from I-75 and downtown Lake City featuring all major retailers, hospitals, schools, a golf course and Gateway City College.