This offering represents a stabilized mobile home park investment with significant upside potential in North Fort Myers, Florida. Spanning roughly 2.65 acres and accommodating up to 23 lots, the property currently operates with 16 occupied spaces, including both park-owned and tenant-owned homes. Seven additional lots remain undeveloped, providing a value-add opportunity for new owner-operators to increase revenue.
The asset generates strong income with gross annual revenue near $145,000 against modest expenses of approximately $18,000, reflecting healthy cash flow dynamics. Current ownership practices efficient management, with tenants paying utilities and primarily submitting rent electronically. Most park-owned units have been remodeled, and occupancy remains near 100%, supported by solid screening practices. Public water service, 14 functioning septic systems, and stable tenant relationships further enhance operational reliability.
Located within Lee County, the property benefits from proximity to Cape Coral, Fort Myers, major retail corridors, and regional connectors, offering enduring demand for affordable housing. This property is an ideal acquisition for experienced operators or investors seeking a cash-generating asset with further development potential.