Contact Information
Mobile Home Park Details
- Price: $950,000
- Purchase Method: Cash, New Loan
- Land: This is land for developing a mobile home park
- Cap Rate: 9.5% (Actual)
- Listing ID: 7002654
- Posted On: Jan 12, 2026
- Updated On: Jan 12, 2026
Description
This offering presents a rare opportunity to acquire a
**12-lot mobile home park** located in Lake City,
Florida - one of North Florida's most reliable and in-
demand affordable housing markets. The property
offers a balanced mix of tenant-owned homes, rent-to-
own contracts, and park-owned units, enabling
predictable cash flow with built-in upside through unit
renovations and rate optimization.
The park is fully licensed, operating smoothly and
supported by **recent infrastructure upgrades** ,
including a newly improved drain field and septic
system, significantly reducing near-term capital
expenditure risk. A current survey is available for
buyer review.
This asset is ideal for both first-time operators
entering the mobile home park segment and
experienced investors seeking a **low-maintenance,
partially value-add park** in a growth market.
Location
Lake City is widely known as the "Gateway to Florida", located at the major interchange of I-75 and I-10. This constant flow of transportation, logistics, tourism, and workforce mobility makes it one of the most stable markets in North Central Florida.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 12 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1997 |
| Average MH Lot Rent: | $700 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $110,700 |
| Operating Expense: | $20,712 |
| Net Operating Income: | $89,988 |
| Expense Ratio: | 18.7 % |
Lot Information
| Singlewide Lots: | 8 |
| Doublewide Lots: | 4 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 4 |
| Average Rent for Park-owned Homes: | $700 |