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.