4920 E Parsons Point Rd - Manufactured Housing/Mobile Housing FOR SALE


Hernando, FL 34442
$1,160,000 USD
786-985-8856
4920 E Parsons Point Rd, Hernando, FL for Sale
$1,160,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/16
null | 6.04% Cap Rate

4920 E Parsons Point Rd
Hernando, FL 34442


HIGHLIGHTS

  • All homes are park-owned for simplified management
  • Located near Ocala, Tampa, and Orlando employment hubs
  • Fully Remodeled Units, room to add more units
  • Scenic setting close to Tsala Apopka Lake and Nature Coast amenities

OVERVIEW

Discover a well-maintained, fully park-owned mobile home community offering 13 approved lots with expansion potential. Currently, 8 units are occupied and 1 additional home is ready for placement, creating immediate income and growth opportunities. Each home has been thoughtfully upgraded with modern finishes, including vinyl flooring, newer appliances, granite or Formica countertops, washers and dryers, instant hot water heaters, and covered porches for added comfort. The property generates approximately $7,300 in gross monthly income, with significant room for rent increases across all units. Infrastructure is robust and investor-friendly, featuring a private well with a new filtration system (installed in 2023), five septic tanks servicing nine homes, individual electric meters, paved roads, and dedicated trash service. The park is DBPR licensed, with water reports available, and sits in Flood Zone X—eliminating flood insurance requirements. Residents enjoy a serene, park-like setting enhanced by mature fruit trees that provide seasonal harvests and natural shade. Current ownership has invested heavily in landscaping and curb appeal, creating a welcoming environment that promotes tenant retention. Centrally located in Florida’s Nature Coast, the property offers easy access to lakes, rivers, and Gulf Coast recreation, including the Tsala Apopka Lake chain for boating, kayaking, and world-class fishing. Major metros like Ocala, Tampa, and Orlando are within reach, offering employment opportunities while preserving a peaceful small-town atmosphere. Additional upside includes 4–5 vacant pads, potential RV expansion, and zoning for manufactured housing (buyer to verify). With strong tenant demand and exceptional growth potential, this property represents a rare opportunity in a highly desirable region.

FOR SALE DETAILS

PRICE

$1,160,000 USD

PRICE/SF

$39 USD /SF

# OF UNITS

13

PRICE/UNIT

$89,231

CAP RATE

6.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

9

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

CLRMH

APN/PARCEL ID

19E-18S-24-0010-00060-0270

ASK ABOUT THIS PROPERTY

Shuli MishaliTropic Shores RealtyMore Info
786-985-8856

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Shuli MishaliTropic Shores RealtyMore Info
786-985-8856

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