220 SE Rose Cove Gln - Manufactured Housing/Mobile Housing FOR SALE


Lake City, FL 32025
$2,800,000 USD
786-317-7056
220 SE Rose Cove Gln, Lake City, FL for Sale
$2,800,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/1
null | 8.14% Cap Rate

220 SE Rose Cove Gln
Lake City, FL 32025


HIGHLIGHTS

  • 26-acre property with existing income from mobile homes, brick houses, and RV spaces
  • Room for expansion with permits in place for 11 additional RV units
  • Attractive natural amenities including a creek, fishing pond, and scenic trails
  • Includes two fenced pastures totaling over 10 acres
  • Zoned A-1, providing flexibility for agricultural or residential uses
  • Strong rental history and significant income potential from diverse unit mix

OVERVIEW

This 26-acre multifamily property presents a unique investment opportunity in Lake City, Florida. Known as Rose Creek Mobile Home Park, the site includes a diversified mix of income-producing assets: 14 single-wide mobile homes, 2 double-wide homes, 2 brick homes, and 1 frame house. Additionally, there are 12 RV spaces, with permits in hand for 11 more RV units, and 2 RVs currently on-site. The property boasts long-term rental history and existing revenue generation, with reports of rental income potential exceeding $12,000 monthly. Zoned A-1 (Agricultural), the setting features a creek, nature trails, a stocked fishing pond, and picnic areas that enhance tenant appeal. Two large fenced pastures, each over 5 acres, further increase functional versatility. Positioned in a growth corridor with access to major highways and about 45 minutes north of Gainesville, the property offers future scalability. This portfolio-style asset offers both steady cash flow and expansion potential for manufacturers housing or RV park operators.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$1,077 USD /SF

# OF UNITS

38

PRICE/UNIT

$73,684

CAP RATE

8.14%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rose Creek Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

21.5 AC

LAND SF

936,540 SF

ZONING

A-1

APN/PARCEL ID

34-4S-17-09010-000

ASK ABOUT THIS PROPERTY

John ArangoFlorida Homes Realty & MortgageMore Info
786-317-7056

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John ArangoFlorida Homes Realty & MortgageMore Info
786-317-7056

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