33133 Ranch Rd - Manufactured Housing/Mobile Housing FOR SALE


Dade City, FL 33523
$299,000 USD
916-813-5369
33133 Ranch Rd, Dade City, FL for Sale
$299,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/28
null | 14.85% 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

Recent price adjusted for cash sale. CASH ONLY - no owner financing at this price. For Sale By Owner - Investor Opportunity – 5-Acre Property with 4 Existing Mobile Homes - Wholesale Price Listing (as is) Can be split down to 1 home on 1 acre in AR2 zoning, and sold off individually, or keep as rental income property. Currently, asl is, this 5-acre parcel 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. The annual expenses are taxes ($5,477/year may be adjusted lower through Tax Collector) and trash service ($600/year) are the landlord / owner's responsibility (tenants cover all utilities) affording a net income of $44,323 annually. 2024 hurricane damage repairs included new roofs in May 2025, and additional repairs and cleanup. Two of the homes which are currently unoccupied, and the remaining 2 homes will be vacated soon, leaving the property 100% vacant for the new owner. The property is being offered AS IS prior to any additional repairs or improvements, presenting a compelling value-add opportunity. Once more renovations or home replacements are completed and homes are re-leased, the property would easily continue to resume its $50,400 annual income at 2024 rents rates. Rents can be increased to meet current market demand. If split into 5 parcels, the lots may be sold individually. Contact owner directly at 916-813-5369.

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

4

PRICE/UNIT

$74,750

CAP RATE

14.85%

% 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 Notice.