bedrooms
4
bathrooms
0
square feet
1,800
Acreage
1.31
Open Houses
-
year built
2005
Full Baths
0
Half Baths
0
Great Investment Opportunity with stable income stream in Lakeland/Highland City, Florida! Located in a prime area just off the high-traffic State Road 98, a walk distance to restaurants and shopping plaza. This well-maintained mobile home park offers a fantastic opportunity for both new investors or those looking to expand their portfolio.
Key Features:(1) 8 total spaces include 2 rent-to-own homes—will be fully tenant-owned by 2026—and 5 tenant-owned homes with lot rent only) 1 vacant space with significant potential (2) Well-run park with strong tenant retention and consistent revenue streams. (3) Tenants are separately metered for water and electric City water with several septic tanks.
Financials:*2024 Gross Revenue: $52,513 *Estimated Expenses: $12,776 *Potential for an additional $10,000+ in revenue by increasing lot rents and implementing trash charge-backs *Filling the vacant space could bring an additional $14,400-$16,800 annually.
Investor Opportunity: Easily increase your cap rate with minimal effort. This property is ready for immediate returns with plenty of room for growth. Don’t miss out on this exceptional opportunity to secure a solid, income-generating asset in a rapidly growing market!
Location | |
Subdivision | HASKELL |
County | Polk |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: TB8344133
Listing agent:
Audrey Johnson
#3372386
Listing broker:
Future Home Realty Inc
(813) 855-4982
Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, February 19 2025 at 7:17 p.m. EST
Kotohomes National