Callaway Mobile Home Park
Mobile Home Park | 41 Pads | City Utilities | Stabilized Core with Value-Add Upside | Coastal MSA
Marketing description
TriCore Commercial Real Estate is proud to exclusively present Callaway Mobile Home Park, a stabilized, income-producing community situated in the heart of Callaway, Florida — a rapidly growing Gulf Coast submarket just minutes from Panama City and the emerald waters of Florida’s iconic coastline. This 4.64-acre property offers a rare blend of reliable in-place cash flow, fully upgraded infrastructure, and immediate value-add potential through infill and rent growth. Comprised of 41 mobile home pads and a duplex unit, the park features a well-balanced mix of 24 newer model park-owned homes and 17 vacant pads ready for expansion. With significant capital improvements already completed — including a full overhaul of underground electrical on the interior of the park, water, and sewer systems — the park offers an attractive low-maintenance profile for both seasoned operators and investors seeking yield with upside. Residents benefit from a secure, privacy-fenced setting with convenient access to shopping, dining, and recreation. With year-round occupancy, below-market rents, and a steady tenant base, Callaway MHP presents an ideal opportunity for investors seeking immediate yield and long-term value in a high-demand Florida market.
Investment highlights
4.64 Acres of Usable Land – Clean, manageable terrain in a central location with room to grow.
Efficient Site Mix – 41 MH pads + 1 duplex; 24 POHs in place and 17 vacant pads ready for infill.
Fully Upgraded Infrastructure – Electric, water supply lines, and sewer connections replaced in 2022–2023.
Desirable Location – Immediate access to shopping, services, and coastal recreation.
Park-Wide WiFi – High-speed internet throughout the property — a must-have for tenants today.
Late-Model Housing Inventory – Most POHs are 2022 models or newer, minimizing repair capex.
Newly Paved Roads – Improved access and curb appeal from recent resurfacing.
Value-Add Potential – Below-market rents and vacant pads offer clear upside.
Year-Round Revenue – Consistent occupancy and cash flow across all seasons.
Flood Zone X – Favorable flood classification for insurance and financing.
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