286 Heidt Rd - Manufactured Housing/Mobile Housing FOR SALE


Palatka, FL 32177
$1,100,000 USD
813-240-5255
286 Heidt Rd, Palatka, FL for Sale
$1,100,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/14
null | 11.33% Cap Rate

286 Heidt Rd
Palatka, FL 32177


HIGHLIGHTS

  • Fully occupied 12-unit mobile home park generating immediate cash flow.
  • Located on 2.38 acres, providing operational flexibility and potential for future expansion.
  • Operates on well water and septic systems, reducing ongoing utility costs.
  • Convenient access to area highways, local amenities, and employment hubs.

OVERVIEW

This established 12-unit mobile home park offers an attractive investment opportunity in Palatka, Florida. Spanning 2.38 acres, the property features well-maintained units that are fully occupied, generating immediate and stable income. The park benefits from cost-efficient operations through well water and septic systems, reducing overhead expenses for owners. Located in a region that continues to experience steady demand for affordable housing, this property delivers both short-term revenue stability and long-term potential for added value. Its layout and acreage may allow for future expansion or reconfiguration subject to zoning and buyer due diligence. With proximity to essential services, retail centers, and regional transportation corridors, this property represents a solid income-generating asset with opportunities for growth.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$2,200 USD /SF

# OF UNITS

12

PRICE/UNIT

$91,667

CAP RATE

11.33%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.38 AC

LAND SF

103,673 SF

ZONING

AG

APN/PARCEL ID

23-10-26-0000-0253-0160

ASK ABOUT THIS PROPERTY

Raymond MiharaMihara & Associates, Inc.More Info
813-240-5255

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Raymond MiharaMihara & Associates, Inc.More Info
813-240-5255

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