4845 S Orange Blossom Trail, Kissimmee, FL 34758

.45 ACRE MOBILE HOME PARK IN HIGH-GROWTH LOCATION

Fully occupied Seventeen-Unit Mobile Home Park on 7.45 Acres for Sale.

The 7.45 site includes an established operating Mobile Home Park along a major Central Florida thorough-fare, US Hwy 17-92, in Kissimmee, Florida. The property improvements include one 1,498 SF single family home and 16 park-owned mobile homes of varying sizes ranging between 672 and 1,248 SF. Many of the units include screened porches.

There have been numerous upgrades to various units, including some with new roofs, interiors, floors, plumbing, etc. Additionally included is a fenced outdoor storage area with twenty rentable sites for boats, RVs, trailers and equipment. The property provides multiple value-add opportunities including, the renting of all the storage sites, rent improvements, unit upgrades, and trading out, selling or improving existing units.

The fully occupied site provides tenant privacy with individual sites along a tree-shaded mature roadway winding through the property from entrances to the highways at both ends of the property. A number of the homes surround a small pond in the southwest section of the property. The fully occupied park includes management/oversight on site. All units are on month-to-month leases. Estimated annualized Net Operating Income is $169,124. CAP rate – 7.51%

The property provides excellent options for down-the road development due to its location within the designated Poinciana Employment Center District. Due to the nearby high growth environment, the long-term planning by Osceola County presents significant residential and commercial development opportunities surrounding the railway station and along the adjacent highways. The FLU classification allows eighteen to forty residential units per acre and multiple commercial development options.

Confidential Sale: Please do not visit the park or approach tenants or employees without prior authorization!