5158 C P Keen Rd - Multi-Family FOR SALE


Plant City, FL 33566
$1,700,000 USD
850-380-0877
5158 C P Keen Rd, Plant City, FL for Sale
$1,700,000 USD
Multi-Family - FOR SALE
1/5
null | 8.77% Cap Rate

5158 C P Keen Rd
Plant City, FL 33566


HIGHLIGHTS

  • Only 20 minutes from downtown Tampa
  • Great park-owned home inventory with interior of all units getting a complete update.
  • Current onsite manager that runs the property well and the current owner highly recommends he stays on
  • Park owned homes can be sold off to recapture costs
  • Extremely high growth area. Plant City is experience rapid population growth and rising housing costs. Very high demand for affordable housing

OVERVIEW

Rams Residences Mobile Home Park is an 11-unit community right in the heart of Plant City, FL - less than 20 minutes from downtown Tampa. The property includes 11 total units: 2 apartments currently renting at $1,100/month, 8 park-owned homes averaging $1,481/month, and 1 single-family home bringing in $2,250/month. Nestled in the heart of Plant City, Florida, Rams Residences Mobile Home Park offers a thriving community with easy access to an array of attractions. Located nearby, visitors can enjoy the annual Florida Strawberry Festival, explore the historic downtown district, or savor fresh produce at local farms and markets. With its close proximity to Interstate 4, Tampa and Orlando are within reach, providing residents with a convenient gateway to major entertainment venues and employment opportunities. This prime location, combined with the area's rich cultural heritage and renowned hospitality, makes Rams Residences a compelling investment opportunity for Multifamily / Mobile Home Park investors.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$525 USD /SF

# OF UNITS

11

PRICE/UNIT

$154,545

CAP RATE

8.77%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rams Residences Mobile Home Park for Sale

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

AS-1

APN/PARCEL ID

U-26-28-21-ZZZ-000003-72490.0

ASK ABOUT THIS PROPERTY

Mehdi MoeiniBay City RealtyMore Info
850-380-0877

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Mehdi MoeiniBay City RealtyMore Info
850-380-0877

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