33133 Ranch Rd - Manufactured Housing/Mobile Housing FOR SALE


Dade City, FL 33523
$359,000 USD
916-813-5369
33133 Ranch Rd, Dade City, FL for Sale
$359,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/34
null | 12.35% Cap Rate

33133 Ranch Rd
Dade City, FL 33523


HIGHLIGHTS

  • The property generated consistent gross annual rents of $51,000 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

OVERVIEW

Residential / Ag Property, suited for equestrian, or business / Agriculture / or small AG or construction yard complete with residences. UP DATE: Currently 2 of the homes are occupied with rental income of $2350 per month. There are 2 additional homes currently undergoing repairs on the property which may be rental occupied (estimated) starting July 1, 2026, causing the income will increase accordingly to $5,100. We have current survey, and possible property split to 1 acre residential parcels would be approved by the county, representing a profitable upside for an investor/buyer. This is a "For Sale By Owner" - Investor Opportunity – 5-Acre Property with 4 Existing Mobile Homes - at todays Wholesale Price Listing (as is before completion) May be re-platted, re-zoned, and split, or keep portions as is a rental income property, and/or could be used as agriculture business, equine facility, or small construction business yard, equipment yard, and comes with 4 mobile homes. Each home has its own utility pole & meter, and each has its own septic system. Water is is well water. With full occupancy the property generated past 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) & allowing $10,800 annual for possible vacancies / additional repairs, therewith affording a solid net income of $44,323 annually. Recent repairs will include new roofs in May 2025, and additional remodeling & repairs and cleanup overall. Two of the homes which are currently unoccupied, include a double wide and a small single wide. The 2 remodeled and updated homes are occupied as rentals, providing the current income. 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 yield a net profit over $44,000 annual income at market rental rates. Rents can be increased to meet current market demand in this anticipated growth region. Contact owner directly at 916-813-5369.

FOR SALE DETAILS

PRICE

$359,000 USD

PRICE/SF

$103 USD /SF

# OF UNITS

4

PRICE/UNIT

$89,750

CAP RATE

12.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mobile Home Estates

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

AR2

APN/PARCEL ID

R10-123-21-0050-0000-0950

ASK ABOUT THIS PROPERTY

Stephen FournierPasco County Investments, LLCMore Info
916-813-5369

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Stephen FournierPasco County Investments, LLCMore Info
916-813-5369

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