4410 Pine St - Manufactured Housing/Mobile Housing FOR SALE


Valrico, FL 33596
$690,000 USD
813-966-6902
4410 Pine St, Valrico, FL for Sale
$690,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/6
null | 11.04% Cap Rate

4410 Pine St
Valrico, FL 33596


OVERVIEW

This is an excellent opportunity for an investor seeking a "value-add" deal. There are currently six units on site with pads for two units to be brought in by the next owner to substantially increase the NOI. This is in a flood zone and requires a cash buyer. Units in the rear of the park sit high, were unaffected by the storms of 2024. One unit in front of the park flooded and was removed. Recent updates include new driveway, new septic system and refurbishment of some units. Most tenants have been in residence for at least four years. Over time, a new owner could replace older units with newer ones and have higher rent opportunities. Actual unit mix: Two 2 bedroom, 1 bath; One 1 bedroom, 1 bath; One 2 bedroom 2 bath. Two 3 bedroom, 2 bath. Great Brandon area location. Located just south of Lithia-Pinecrest. Drive by, do not disturb tenants. Financials upon request.

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

6

PRICE/UNIT

$115,000

CAP RATE

11.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.96 AC

LAND SF

172,498 SF

ZONING

PD

APN/PARCEL ID

U-17-30-21-ZZZ-000004-36400.0

ASK ABOUT THIS PROPERTY

Tom EdringtonFlorida Executive RealtyMore Info
813-966-6902

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Tom EdringtonFlorida Executive RealtyMore Info
813-966-6902

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