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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.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

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

Download Documents

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