Marketing Description:

Lake Weir Pines Mobile Home Park is a 4.81-acre property located in Ocklawaha, FL, offering 26 spaces with a current occupancy rate of 95%. The park has recently undergone upgrades, including new septic systems, drain fields, and skirting, minimizing the need for immediate capital expenditures. With an average rent of $1,200-$1,575 per month, the park has significant upside potential through rent increases and management improvements. It operates with stable cash flow, making it an attractive investment opportunity in a prime Florida location near The Villages and local recreational amenities.

Investment Highlights:

-- Prime Location: Near The Villages and key recreational hubs in Marion County, FL.
-- Rent Increase Potential: Tenants are on month-to-month leases, allowing for rent adjustments.
-- Recent Upgrades: Over $250,000 has been invested into recent property upgrades. This includes a new septic tank & drain field ($112,900), new unit skirtings have been installed ($45,000), along with recently renovated unit interiors ($50,000) and more.
-- Stable Cash Flow: Approximately 95% occupancy with long-term tenants.
-- Upside Opportunity: Increased rent potential and operational improvements.