4920 E Parsons Rd
Mobile Home Park | 4.60% CAP
Marketing description
Turnkey Mobile Home Park Investment in Prime Location!
Well-maintained, fully park-owned mobile home park offering 13 total lots possibly more, with 8 units occupied and 1 that is ready to be put on. All homes feature recent upgrades including vinyl flooring, newer appliances, granite/Formica countertops, washers/dryers, instant hot water heaters, and covered porches and inside washer and dryers. Gross monthly income approx. $7,300 with room to increase across all units. Infrastructure includes private well with new filter system (2023), 5 septic tanks servicing 9 homes, individual electric meters, paved roads, and individual trash setup. DBPR licensed. Water reports available. Flood Zone X. The park features mature fruit trees throughout, offering seasonal harvests and natural shade for residents. Current ownership has invested significantly in landscaping improvements, with ongoing efforts to enhance curb appeal, privacy, and scenic value. From paved drives to thoughtfully planted greenery, the park presents a welcoming, park-like atmosphere that sets it apart from other investment properties in the area. Centrally located in the heart of Florida’s Nature Coast, just minutes to lakes, rivers, and Gulf Coast access—including the Tsala Apopka Lake chain with boating, kayaking, and world-class fishing. Close to Ocala, Tampa, and Orlando, offering convenient access to major metros while enjoying a peaceful small-town atmosphere. Property includes 4–5 vacant pads, potential RV expansion, and massive value-add opportunity. Zoned for manufactured housing (buyer to verify). Strong long-term tenant demand and excellent growth potential in a sought-after region.
Investment highlights
Turnkey, Fully Park-Owned Mobile Home Park with 13 total lots (and potential for more), offering strong control over operations and value creation.
Immediate Income Stream with 8 units occupied and 1 additional home ready to be placed, generating approx. $7,300/month in gross income with significant upside.
Multiple Value-Add Opportunities including rent increases, occupancy growth on 4–5 vacant pads, and potential RV expansion.
Upgraded Units featuring vinyl flooring, newer appliances, granite/Formica countertops, washers/dryers, instant hot water heaters, and covered porches—minimizing near-term capex.
Strong Infrastructure with a private well and new filtration system (2023), 5 septic tanks servicing 9 homes, paved roads, individual electric meters, and individual trash service.
Flood Zone X location for reduced insurance risk and improved financing options.
Strong Long-Term Tenant Demand in a growing region with increasing need for affordable housing and manufactured home communities.
Convenient Access to Major Cities including Ocala, Tampa, and Orlando while maintaining a peaceful small-town environment appealing to renters.
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