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

Year Built

1992

Garage

Sqft

2576

Property Type

Quadruplex

Property Description

This 4-pad manufactured home and RV community in Garden Grove (Brooksville, FL) delivers reliable, passive income with an approximate NOI of $42,000 and a 9 CAP rate. The property features four fully renovated, park-owned homes, ensuring minimal maintenance and steady tenant retention. Highlights: Turnkey Investment: All of the homes were beautifully renovated between 2020 and 2025, featuring new kitchens, baths, flooring, electrical systems, and HVAC units. Stable Cash Flow: Strong in-place rents with great local rental demand, drastically reducing your operating risk. Excellent Location: Situated right off Highway 41, providing seamless commuting and easy access to major regional routes. Local Area, Stores & Attractions: Situated in Florida's Adventure Coast, the community benefits from a mix of quiet natural beauty and everyday conveniences. Everyday Shopping: Groceries and daily errands are incredibly easy, with Publix Supermarket at Brooksville Square and Walmart Supercenter just minutes away. Dining & Entertainment: Residents can enjoy local favorites like the ?Florida Cracker Cook Shack or grab a casual bite at ?Drew's American Grill. Attractions: The area is known for its rich history and outdoor recreation, including the historic Chinsegut Hill Manor and beautiful nature trails at Tom Varn Park. Note: Please respect the tenants' privacy and do not disturb them. All property viewings must be scheduled in advance with the listing realtor. Local Bank financing available for purchase.

Property Details

MLS#

TB8476394

Garage

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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