$589,500 • four bedroom(s) • living size area 1800 sqft

Great investment opportunity with stable income stream in lakeland/highland city, florida! located in a prime area just off the high-traffic state road 98, a walk distance to restaurants and shopping plaza. this well-maintained mobile home park offers a fantastic opportunity for both new investors or those looking to expand their portfolio. key features:(1) 8 total spaces include 2 rent-to-own homes—will be fully tenant-owned by 2026—and 5 tenant-owned homes with lot rent only) 1 vacant space with significant potential (2) well-run park with strong tenant retention and consistent revenue streams. (3) tenants are separately metered for water and electric city water with 3 septic tanks. financials:*gross revenue: $54,428 *estimated expenses: $12,122 * noi $42,305 and cap rate 7.18% *potential for an additional $15,000+ in revenue by increasing lot rents and implementing trash charge-backs *filling the vacant space could bring an additional $14,400-$16,800 annually. investor opportunity: your proforma cap rate 9.48% with minimal effort. this property is ready for immediate returns with plenty of room for growth. don’t miss out on this exceptional opportunity to secure a solid, income-generating asset in a rapidly growing market!

Multi Family 4 bedrooms - HASKELL for Sale

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