1624 Pine Straw Trl - Manufactured Housing/Mobile Housing FOR SALE


Tallahassee, FL 32310- Cascade Lake
$850,000 USD
850-443-2289
1624 Pine Straw Trl, Tallahassee, FL for Sale
$850,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/16
null | Request Cap Rate

1624 Pine Straw Trl
Tallahassee, FL 32310
Cascade Lake


OVERVIEW

Presenting a rare investment opportunity in Tallahassee, FL—this 13-unit mobile home park, situated on 4.96± acres along Pinestraw Trail, offers immediate cash flow and strong upside potential. All mobile homes are park-owned, providing maximum control over the property and rental terms. With a consistent history of full occupancy and an excellent leasing track record, the community is stabilized and income-producing from day one. Currently operating with below-market rents, this asset presents a compelling value-add opportunity for investors to increase revenue through strategic rent adjustments and operational improvements. The expansive acreage also allows for potential future enhancements or expansion (subject to zoning and approvals).

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$45 USD /SF

# OF UNITS

13

PRICE/UNIT

$65,385

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.96 AC

LAND SF

216,058 SF

ZONING

R1

APN/PARCEL ID

4106206030000,4106206050000,4106206130000

ASK ABOUT THIS PROPERTY

Jared HatcherKeller Williams Town & Country RealtyMore Info
850-443-2289

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Jared HatcherKeller Williams Town & Country RealtyMore Info
850-443-2289

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