33133 Ranch Rd - Manufactured Housing/Mobile Housing FOR SALE


Dade City, FL 33523
$375,000 USD
916-813-5369
33133 Ranch Rd, Dade City, FL for Sale
$375,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/28
null | 11.84% Cap Rate

33133 Ranch Rd
Dade City, FL 33523


HIGHLIGHTS

  • The property generated consistent gross annual rents of $50,400 in both 2023 and 2024, with minimal expenses, tenants pay all utilities.
  • The current offering price is “AS IS” before the additional improvements are completed, offering a value-add opportunity
  • A newer 2000 sq ft 3bd/2ba home will be added to the property in mid July.

OVERVIEW

For Sale By Owner - Investor Opportunity – 5-Acre Income Property with 4 Existing Mobile Homes - Wholesale Price Listing (as is) This 5-acre parcel is zoned for one mobile home per acre and currently includes four mobile homes. Each home has its own utility pole & meter, and each has its own septic system. Water is supplied to all units from 2 redundant wells. With full occupancy the property generated monthly gross rents of $4,200 per month in 2024. Annual rents of $50,400 would be expected from tenants on month to month or 1 year leases. The annual expenses are taxes ($5,477/year) and trash service ($600/year) are the landlord / owner's responsibility (tenants cover all utilities)affording a net income of $44,323 annually. Due to recent hurricane damage, two homes are currently unoccupied and in need of repair, with some of the work completed, such as new 20 yr. warranty roofs installed in May 2025. The property is being offered AS IS prior to any additional repairs or improvements, presenting a compelling value-add opportunity. Once completed and the 2 vacant homes are re-leased, the property would continue to resume its $50,400 annual income at 2024 rents rates. Rents can be increased to meet current market demand. Contact owner directly at 916-813-5369.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

4

PRICE/UNIT

$93,750

CAP RATE

11.84%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

1 home per acre

APN/PARCEL ID

R10-123-21-0050-0000-0950

ASK ABOUT THIS PROPERTY

Stephen FournierStephen FournierMore Info
916-813-5369

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Stephen FournierStephen FournierMore Info
916-813-5369

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