Mobile Home Park Investment Opportunity – Lakeland, FL
Excellent opportunity to acquire a 7-unit mobile home park located in Lakeland, Florida.
The property sits on 0.45 acres and currently generates a $9,000 monthly rent roll with approximately $1,600 in monthly fixed expenses, producing strong cash flow.
Key highlights:
• 7 income-producing units
• Monthly rent roll: $9,000
• Monthly expenses: $1,600
• Estimated NOI: $88,800 annually
• Approximate 11.8% CAP rate
Additional features include security cameras, storage space, backup appliances, and spare A/C equipment.
Located in the growing Lakeland market between Tampa and Orlando, with strong rental demand and population growth.
Asking Price: $750,000
Excellent opportunity for investors seeking stable cash flow and strong returns.