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Lake Weir Pines Mobile Home Park

Recently Renovated 26-Unit Mobile Home Park in the Heart of Central Florida

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Active

Asking Price: $2,999,999
Address 

14455 E Hwy 25, Ocklawaha, FL 32179

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Date Added
Jun 10, 2025
Days on Market
9 days
Time Since Last Update
1 day

Details

Property TypeMobile Home Park
SubtypeMobile Home Park
Cap Rate8.27%
Units26
Year Built1970 - 1998
Years Renovated2024, 2025
ZoningPMH
Lot Size (acres)4.81
APN4853-096-000
IntelligenceINTELLIGENCE
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Marketing Description

Lake Weir Pines Mobile Home Park is a 4.81-acre property located in Ocklawaha, FL, offering 26 spaces with a current occupancy rate of 95%.​ The park has recently undergone upgrades, including new septic systems, drain fields, and skirting, minimizing the need for immediate capital expenditures.​ With an average rent of $1,200-$1,575 per month, the park has significant upside potential through rent increases and management improvements.​ It operates with stable cash flow, making it an attractive investment opportunity in a prime Florida location near The Villages and local recreational amenities.​

Investment Highlights

  • Prime Location: Near The Villages and key recreational hubs in Marion County, FL.

  • Rent Increase Potential: Tenants are on month-to-month leases, allowing for rent adjustments.

  • Recent Upgrades: Over $250,000 has been invested into recent property upgrades. This includes a new septic tank & drain field ($112,900), new unit skirtings have been installed ($45,000), along with recently renovated unit interiors ($50,000) and more.

  • Stable Cash Flow: Approximately 95% occupancy with long-term tenants.

  • Upside Opportunity: Increased rent potential and operational improvements.

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Due Diligence

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