Active

$429,000

Features:
  • 8 Bedrooms
  • 8 Bathrooms
  • 2576 sq ft
Overview
  • ID: MFRTB8475792
  • Bedrooms: 8
  • Bathrooms: 8
  • Size: 2576 sq ft
Property Details
Remarks
Garden Grove, Brooksville, Florida, 4- pad mobile home housing and RV community located right off Highway 41. The property includes four fully renovated park-owned mobile homes. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $42,000, which reflects a 9 CAP. All 4 mobile homes were renovated between 2020 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. Great rental demand in the area supports long-term occupancy and stable income, making this an ideal opportunity for seasoned or first-time investors.
Financial Considerations
Price:
$429,000
HOA Fee:
N/A
Tax Amount:
$4003
Price per SqFt:
$166.54
Tax Legal Description:
GARDEN GROVE BLK 25 LOTS 2 3 4 5
Exterior Features
Lot Size:
39000
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
8
Heating:
Electric
Cooling:
Central Air
Appliances:
Electric Water Heater, Range, Refrigerator
Furnished:
Yes
Floor:
Carpet, Laminate
Levels:
One
Additional Features
Property Sub Type:
Modular Home
Style:
N/A
Year Built:
1992
Construction Type:
Metal Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    18110 SPANGLER AVE
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