Active

$950,000

Features:
  • 24 Bedrooms
  • 24 Bathrooms
  • 9206 sq ft
Overview
  • ID: MFRG5107036
  • Bedrooms: 24
  • Bathrooms: 24
  • Size: 9206 sq ft
Property Details
Remarks
This o?ering 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 a?ordable housing markets. The property o?ers 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.
Financial Considerations
Price:
$950,000
HOA Fee:
N/A
Tax Amount:
$9765.55
Price per SqFt:
$103.19
Tax Legal Description:
LOTS 1, 2, 3, 4, 5, 6, 7, 8, 9
Exterior Features
Lot Size:
75838
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
24
Bathrooms:
24
Heating:
Electric
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1994
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    170 NE CRAIG AVE
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