10605 Lithia Pinecrest Rd - Manufactured Housing/Mobile Housing FOR SALE


Lithia, FL 33547
$1,250,000 USD
813-391-1545
10605 Lithia Pinecrest Rd, Lithia, FL for Sale
$1,250,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/14
null | 6.26% Cap Rate

10605 Lithia Pinecrest Rd
Lithia, FL 33547


HIGHLIGHTS

  • 8 MH Space - 4 Park Owned Units
  • 3022 SF Warehouse (Lease Until 2026
  • 3150 SF House w-IN-Ground Pool (Leased)

OVERVIEW

Unique combination MHP that includes a fully lease 3022 SF Warehouse and 3150 SF House. Property includes: · 4.91-Acres · 8 MH Spaces/4 Park Owned MH’s · 3022 SF Warehouse ($2,284/mo) · 3,150 SF Home ($1615/mo) · 1 Vacant Unit · $102,228 Gross Revenue (2024) · $78,198 NOI (2024) The seller has recently secured a 3-year lease for the warehouse. Beginning rent is $2,284/mo, with a 10% increase every year. The warehouse tenant is also leasing one MH space for $400/mo, for additional parking. Remaining tenants are on a month-to-month rent schedule. Asking Price: $1,250,000 OBO ( Seller will consider all offers) Financing: Seller is offering Seller Financing to a qualified purchaser with 30%-40% down. Rate and terms TBD.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

10

PRICE/UNIT

$125,000

CAP RATE

6.26%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8-SP MHP w/Warehouse & 3150 SF Home

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.91 AC

LAND SF

213,880 SF

ZONING

AR

APN/PARCEL ID

U-22-30-22-ZZZ-000005-21980.0,U-22-30-22-ZZZ-000005-21990.0

ASK ABOUT THIS PROPERTY

Benny SpensieriCRES Corp International, LLCMore Info
813-391-1545

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Benny SpensieriCRES Corp International, LLCMore Info
813-391-1545

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.