18110 SPANGLER AVENUE at

18110 SPANGLER AVENUE

For sale Days on market 180

$424,000

$165/sq ft

$5,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1992

Garage

Sqft

2576

Property Type

Manufactured Home

Property Description

Garden Grove, Brooksville, Florida, 4- pad manufactured home housing and RV community located right off Highway 41. The property includes four fully renovated park-owned mobile homes. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $42,000, which reflects a 9 CAP. All 4 mobile homes were renovated between 2020 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. Great rental demand in the area supports long-term occupancy and stable income, making this an ideal opportunity for seasoned or first-time investors. Please respect Tenants privacy and do not disturb them. All showings must be scheduled with listing realtor to show. Local Bank financing available for purchase.

Property Details

MLS#

TB8475792

Garage

Total Floor in Bldg

Address

18110 SPANGLER

City

BROOKSVILLE

State/county

Zip/Postal Code

34604

Area

Garden Grove

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,003

Maint Fee

$--

Tax Year

2025

Electric Water Heater

Range

Refrigerator

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