Mobile Home Park Lakeland
MOBILE HOME PARK for SALE
Marketing description
7 Income-Producing Units | $9,000 Monthly Rent Roll | Central Florida
This income-producing mobile home park located at 730 N Chestnut Rd in Lakeland, Florida offers a strong cash-flow opportunity in one of the fastest-growing regions in the state.
The property consists of five mobile homes configured into seven rental units, situated on approximately 0.45 acres (±19,600 SF). Two of the homes have been configured into duplex-style units, increasing the total number of income-producing units.
The property is currently generating a $9,000 monthly rent roll with low operating expenses of approximately $1,600 per month, resulting in strong and stable cash flow.
Investment highlights
Investment Highlights
• Current Rent Roll: $9,000/month
• Estimated NOI: ~$88,800 annually
• Strong cash flow
• Low operating expenses
• All leases are 12-month agreements
The property also includes security cameras, on-site storage, backup refrigerator, and spare air conditioning equipment.
Strategically located in Lakeland, Florida, the property benefits from its position between Tampa and Orlando, two of the fastest-growing metropolitan areas in the country. This region continues to experience strong population growth and high demand for affordable housing, making mobile home parks a highly sought-after asset class for investors.
This is a cash deal opportunity.
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