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For Sale

12 Oaks MHP

$1,727,777

Lakeland, Florida

3.81 Acres

PROPERTY DETAILS

Property Type: Commercial, Commercial Investment, Mobile Home Parks

Location: 120 Juanita Pearl, Lakeland, Florida 33805

County: Polk

PIN: 242731163500000320


This mobile home park is located along N. Florida Ave, with close proximity to the Lakeland Square Mall as well as Tiger Town and Lakeland Regional Health. The park has a total of 30 active units, and 14 vacant spaces for future trailers. The entire property generates an approximate NOI of $150,313 annually. All units are park owned and the owner self-manages.

Please note that all offers submitted will need to include proof of funds and/or a preapproved letter from a financial institution.

Description: 8.70% Cap Rate
30 Units
14 Blanks
1 house and a maintenance shop
1 laundry facility that generates $250/month

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